Treasury Secretary Janet Yellen testified last week that 90% of new audits under the inflation act would continue to fall on small businesses and families earning less than 400,000. The IRS just asked for an additional $43 billion on top of that $80 billion. Does Congress need to get involved? Do they need to bring in IRS officials and get some hard answers on where some of the allocations of these funds are going?
Tax season is in full swing – what do you need to know about the new IRS rules and how is the tax agency using the $80 billion awarded them by the Biden Administration. In this episode we speak to Brandon Arnold, Executive Vice President of the National Taxpayer’s Union. Cynch: First tank exchange for $10! Download the Cynch app and use promo code ‘WIRE’