Congress revoked another $20 billion in funding from the IRS ...
The Inflation Reduction Act of 2022 included $79.4 billion in funding for the IRS — $1.4 billion of which was rescinded to raise the debt ceiling last year. These cuts reduced the budget of the ...
IRS Budget and Workforce - Internal Revenue Service
Aug 25, 2024 · Section 6 of the IRS Data Book provides an overview of IRS budget activities, including taxpayer services, enforcement, operations support, and business systems …
IRS announces sweeping effort to restore fairness to tax ...
WASHINGTON — Capitalizing on Inflation Reduction Act funding and following a top-to-bottom review of enforcement efforts, the Internal Revenue Service announced today the start of a …
The IRS Just Lost Billions. Here's What That Means For Your ...
Dec 31, 2024 · The IRS has lost $20 billion in funding as part of Congress' bid to stop the government shutdown, crippling its ability to go after high-earning tax dodgers.. The …
IRS Inflation Reduction Act Strategic Operating Plan
Aug 25, 2024 · The IRA was signed into law in August 2022, giving the IRS a historic opportunity to transform tax administration and services provided to taxpayers and tax professionals. The …
What the IRS' $80 billion funding plan means for taxpayers
Apr 7, 2023 · The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for …
Apr 8, 2024 · According to FY2022 data, the agency processed nearly 263 million tax returns and related forms, collected $4.9 trillion in gross revenue, and issued refunds totaling nearly $642 …
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