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GOP Wants to Shrink IRS by $70 Billion

January 10, 2023 by admin

Monday January 9, 2023 – The recently seated Republican majority recently proposed a bill that would cut the IRS budget by $70 billion.

This proposal has been met with mixed reactions from both sides of the political aisle, as it would drastically reduce the proposed growth of IRS services and enforcement capabilities.

Attorney Steven A. Leahy explores what this bill means for taxpayers and how it might affect IRS operations in the future.

Our very first bill will repeal funding for 87,000 new IRS agents: Speaker US House of Representatives Kevin McCarthy

https://www.foxnews.com/politics/irs-chopping-block-first-day-legislative-work-speaker-mccarthy


Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Filed Under: Today's Tax Talk Tagged With: GOP, IRS

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