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IRS
Contrary to Social Media Statements, the IRS Will Use New Funding to Target Tax Evaders Who Make a…
The law includes around $79 billion for the IRS over ten years. According to the impartial Congressional Budget Office, the increased IRS enforcement provided by the law will result in an increase of $204 billion in revenue over ten years.…
Experts Contend That Funding for the IRS is Crucial Despite GOP Resistance
President Joe Biden and other Democrats are praising the advantages of the Inflation Reduction Act, a comprehensive spending plan that was passed to combat climate change, lower the price of prescription drugs, and lower the government…
For the White House’s Unbelievable IRS Claims, the Fact-checking Sector Keeps Giving Them…
The Inflation Reduction Act (IRA), which President Joe Biden signed into law on Tuesday, included $80 billion in additional funding over the following ten years for the Internal Revenue Service (IRS), a 53 per cent increase over the…
The Fact-Checking Sector Investigates IRS Claims from the White House
The Inflation Reduction Act (IRA), which President Joe Biden signed into law on Tuesday, included $80 billion in additional funding for the Internal Revenue Service (IRS) over the next ten years, a 53 per cent increase over the…
Do We Need to Inform Participants That the IRS Extended the Adoption Deadline?
The deadline for employers to adopt the SECURE Act and CARES Act required minimum distribution (RMD) provisions plan changes.
Because the amendments had already been written and the amendment process had already started, as well as the…
An Online Job Listing for an IRS Special Agent Was False
According to a job posting on the IRS's website, all new hires will be expected to carry a pistol and use lethal force if necessary following a funding boost from the Inflation Reduction Act.
The bulk of prospective new hires that the IRS…
What’s True and What Isn’t About the “Shadow Army” or Armed Militia of IRS…
The political right has issued new predictions about a "shadow army" or militia of armed auditors who will extort your neighbour, your neighbour's parents, and their mom-and-pop enterprises as a result of the $80 billion Inflation Reduction…
Do You Refuse to File Taxes? How to Make Up Lost Ground With the Internal Revenue Service
According to a report published in May 2020 by the Treasury Inspector General for Tax Administration, the Internal Revenue Service (IRS) was aware of the identities of more than 10 million tax evaders, many of whom are regarded as…