Thursday August 18, 2022 – Congress has awarded the IRS $80 Billion! It’s like winning the lottery! The recent problems with the IRS are well known: Huge backlog of tax return processing, delays in issuing refunds, answering only 1 in 9 phone calls, accusations of political bias, cybersecurity incurrsions, privacy breeches, and on and on.
Will this monumental infussion of cash solve all of those problems. That is the question Americans should be asking. We already fund the IRS to a tune of nearly $14 Billion a year. That aint hey. It’s not like they aren’t funded. Have you EVER heard a United States Government Agency say they are adequatley funded?
There are those already saying this IRS increase is not enough…the IRS needs more!
Attorney Steven A. Leahy looks at the IRS as it stands and asks the question – Will $80 Billion Fix the IRS? on Today’s Tax Talk.