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.
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