By Hundreds of Billions of Dollars.... Republicans HAVE BEEN working HARD to strave the Internal Revenue Service FOREVER.... Biden increased the tax collentions by BILLIONS.... NO MATTER.... Republicans are back to making cuts there... Makes sense, Right? Cut … [Read more...] about Cutting the IRS means cutting the Government’s Revenue….
IRS budget cuts
IRS annouces $360 million MORE taxes collected with new infusion of funding….
Folks? Republicans want to CUT the IRS funding! THAT would INCREASE the countries debt!.... Does THAT make ANY sense? The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires as the agency's leadership tries to promote the … [Read more...] about IRS annouces $360 million MORE taxes collected with new infusion of funding….
Treasury Dept. predicts IRS “frustrating season” for taxpayers and tax preparers….
Two reasons.... Pandemic.... And.... Reluctance to fully fund the IRS..... Treasury Department officials on Monday said that the Internal Revenue Service will face “enormous challenges” during this year’s tax filing season, warning of delays to refunds and other … [Read more...] about Treasury Dept. predicts IRS “frustrating season” for taxpayers and tax preparers….
The IRS is Overwhelmed..
They just have too many things going.... (And the country has a virus crisis going on also) This is the same Internal Revenue Service that Republicans went after in budget cuts (sound familiar) back a few years ago because the agency denied several conservative organisation … [Read more...] about The IRS is Overwhelmed..