This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Cutbacks in the budget and staff at the IRS may perpetuate in 2026 a nearly $700 billion shortfall in the collection of taxes owed known as the tax gap, according to the IRS Advisory Council. Although Congress each year identifies spending deemed necessary, it “has not adequately appropriated the funding needed to ensure that the revenues will be efficiently a ...