3 Changes to Keep in Mind for Tax Season
No, the IRS isn’t going away. In fact, concerns about audits are ticking up. As small businesses prepare for tax season, there are still plenty of benefits…
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House Republican bill
I.R.S. Backlogs Continue as Republicans Mount Offensive
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate
House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress
For the first time Congress has provided long-term funding to rebuild the IRS after years of decline.
To ensure success, the Biden administration needs to promptly nominate and the Congress needs to swiftly consider and confirm a qualified Commissioner.
House Republicans Vote to Rescind I.R.S. Funding
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate