Skip to main content
Tags: irs | save | money | employee | switch | IT systems

IRS Could Save $31,000 Per Employee by Switching IT Systems

IRS Could Save $31,000 Per Employee by Switching IT Systems
(Andrew Harrer/Bloomberg via Getty Images)

By    |   Wednesday, 26 April 2017 02:45 PM EDT

The Internal Revenue Service could save roughly $31,000 per employee if it switched to a private sector-style IT Asset Management system, according to a report by the International Association of IT Asset Managers (IAITAM).

The IRS has nearly 80,000 employees, meaning it would save $2.76 billion — nearly a quarter of its 2016 budget, IAITAM reported.

It's a report the House Ways and Means Committee is hearing Tuesday.

"At the root of much of what ails the federal government bloat in IT spending and related woes is a lack of meaningful IT Asset Management," the group wrote.

The group suggests the IRS make a two-pronged change:

"The first is a rigorous government-wide, centralized ITAM program responsible for creating policies, procedures, processes, and metrics for all government agencies."

"The second is an agency-level ITAM team, which would include the day-to-day management of all assets within that agency as set forth and required by the centralized program."

IAITAM reports that the IRS currently spends $37,000 annually per employee on IT issues; in the private sector it's not quite $5,000 per employee.

© 2026 Newsmax. All rights reserved.


Newsfront
The Internal Revenue Service could save roughly $31,000 per employee if it switched to a private sector-style IT Asset Management system, according to a report by the International Association of IT Asset Managers (IAITAM).
irs, save, money, employee, switch, IT systems
178
2017-45-26
Wednesday, 26 April 2017 02:45 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved