But you may have heard some lawmakers say that because of the IRA, an “army” of 87,000 new IRS agents will be coming to audit ordinary taxpayers. After Kevin McCarthy (R-Calif.) became Speaker ...
some Republicans have claimed the IRS would use the new money to hire an army of 87,000 tax agents with weapons. That claim comes from a plan the Treasury Department proposed in 2021 to bring on ...
Earlier this year, the IRS announced Chief Jim Lee would retire from federal service. Lee began his career in 1995 as a ...
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 it was first revealed that the so-called “Inflation Reduction Act” provided funding for 87,000 new IRS agents, Biden ...
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 ...
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 ...
President Joe Biden recently signed the Inflation Reduction Act (IRA) into law. Along with the goals of creating jobs, reducing pollution, and cutting Medicare costs, the IRA adds nearly $80 ...
“This new compliance push makes good on the promise ... I promised we would vote to repeal the Democrats’ army of 87,000 IRS ...
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 ...
New IRS Commissioner Daniel Werfel said it will not include spending for new agents with guns. That figure came from a plan the Treasury Department proposed in 2021 to bring on 87,000 IRS ...