IRS Sees Funding Increase for Fiscal 2018

The omnibus spending bill released Wednesday night provides the IRS with $11.43 billion, about $196 million more than its funding level for fiscal 2017. Of those funds, $320 million is provided to the IRS specifically for implementing the new tax law enacted last December. The administration had requested nearly $400 million for tax-law implementation, most… Read more »

House Passes $1.3 Trillion Omnibus

The House on Thursday passed a $1.3 trillion omnibus spending bill that funds the federal government through Sept. 30. The Senate will need to pass the bill by midnight Friday to avert a government shutdown. With Democrats and conservative Republicans complaining about the bill, the House barely passed a procedural rule earlier this morning to… Read more »

Jenkins Drafting IRS Restructuring Bill

House Ways and Means Oversight Subcommittee Chairman Lynn Jenkins (R-KS) is planning to release legislation to restructure the IRS sometime in the next two weeks. House Republicans have been intent on improving the IRS’s customer service and, in particular, reforming the current process for resolving taxpayer disputes. According to Bloomberg BNA, Jenkins will circulate a… Read more »

Brady Working on More Tax Cuts

House Ways and Means Committee Chairman Kevin Brady (R-TX) said this week that Republicans are working on a second round of tax cuts, separate from any efforts to fix glitches in the major tax overhaul passed by Congress in December. While he declined to offer too many details on what he has in mind, Brady… Read more »

House to Take Up Omnibus Next Week

With dozens of policy riders still in play, House leaders won’t likely bring a $1.3 trillion omnibus spending bill to the floor until next week. Though no one thinks there will be another government shutdown, lawmakers involved in the funding negotiations say there are a lot of sticking points on issues like funding for Planned… Read more »