The IRS just lost billions. Here's what that means for your taxes
2 days ago · 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 organization was meant to receive ...
Republicans quietly cut IRS funding by $20 billion in bill to avert ...
6 days ago · Republicans quietly made massive progress on their goal to defund the IRS in a last-minute package to avoid a government shutdown. Through the continuing resolution passed last week, funding the ...
Congress stripped IRS of $20 billion in government shutdown …
Dec 26, 2024 · Congress stripped IRS of another $20 billion in government shutdown fight. Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Congress strips IRS of another $20B in averting government shutdown
3 days ago · WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...
Republicans Quietly Axed IRS Funding Amid Government Shutdown …
Dec 26, 2024 · The latest cuts to the IRS will come automatically thanks to the 2023 deal, as the language was repeated in last week’s bill. The Biden administration said the cuts would end up adding $140 ...
Government shutdown highlights: Congress votes to keep ... - NBC News
Dec 20, 2024 · During the last prolonged government shutdown in 2019, D.C.’s local government dispatched extra staff to help keep garbage cans empty and pick up trash at federal sites, but there’s no word ...
IRS at risk of losing $20 billion in funding without legislative ...
Nov 26, 2024 · Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen.
IRS plans to furlough two-thirds of workforce if Congress triggers ...
Sep 28, 2023 · The agency, in updated contingency plans posted Thursday, anticipates it will furlough about two-thirds of its workforce — about 60,000 employees — if Congress triggers a government shutdown. The IRS expects to keep about 30,000 employees working during a …
Congress proceeds with $20B cut to IRS ... - Federal News Network
Mar 21, 2024 · Congress is looking to make good on its promise to cut to the Internal Revenue Service’s multi-year modernization funds — as part of a bipartisan deal made last year.
IRS to ‘partially close’ if government shutdown happens, reversing ...
Sep 21, 2023 · The IRS is reversing course on its government shutdown plans, according to the National Treasury Employees Union. The IRS, NTEU says, will “partially close” if Congress triggers a lapse in appropriations.