According to some reports, the IRS could hire up to 87,000 new agents, and with more than $45 billion being shoveled into enforcement, many people assume that there will be more audits ...
When President Joe Biden pleaded for Congress to increase the budget of the Internal Revenue Service by more than $80 billion ...
President Joe Biden insisted that giving the Internal Revenue Service $80 billion and hiring 87,000 new agents would be all about targeting the wealthy, not the middle class. Unsurprisingly ...
The IRS clarified how it plans to spend $80 billion in funding from the Inflation Reduction Act. Republicans how to erase the ...
The IRS had set a goal of hiring 3,700 new agents in the first year of boosted funding. Instead, in the first six months, ...
Kevin McCarthy (R-CA), proposed and the Republican-controlled House passed a bill to “repeal the funding for 87,000 new IRS agents.” As unlikely as this bill is to become law, the very idea of ...
When April 15th, Tax Day, is done many breathe a sigh of relief. But, for those who file with the ...
Third, the suggestion that the 87,000 new IRS employees will serve in an enforcement role – either as special agents or revenue agents – is misleading. According to the most recent IRS Data ...
The Democrats’ 2022 Inflation Act bloated IRS funding, devoting $80 billion for the hiring of 87,000 new agents, most of them ...
When the Internal Revenue Service (IRS) does its job, it is a thorn in the side of tax cheats — often wealthy Americans and corporations. That is why one of the first things the new Republican ...
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