Wednesday June 8, 2022 – United .States Treasury Secretary Janet Yellen appeared at a Senate Hearing on Tuesday and said “The IRS is under siege. It is suffering from huge underinvestment,”
She, again, urged Congress to pass the Build Back Better Bill, or at least that portion that funds the IRS with an additional $80 billion over 10 years. That legislation would nearly double the IRS Budget and more than double the number of IRS employees.
Approving Treasury’s budget request would allow the IRS “to be able to … make sure that people are paying the taxes that are due.
Attorney Steven A. Leahy reports on this important story on Today’s Tax Talk.