House Passes Bills to Retool the IRS

The House on Wednesday passed bipartisan legislation to modernize the IRS by improving the agency’s customer service and information technology (IT) systems. The House votes came on Tax Day, the same day that the IRS experienced a widespread systems crash that prevented millions of taxpayers from filing last-minute returns. Because its systems were down for… Read more »

House Panel Approves IRS Restructuring Bill

The House Ways and Means Committee yesterday voted unanimously to advance a legislative package to restructure the IRS. The bipartisan package of 12 bills, drafted by Oversight Subcommittee Chairman Lynn Jenkins (R-KS) and ranking member John Lewis (D-GA), includes dozens of prescriptions to “fix” the IRS, including provisions to establish a new independent IRS Office… Read more »

Senate Finance to Hold Hearing on IRS Challenges

The Senate Finance Committee will hold a hearing April 12 on how the IRS plans to address future challenges and prepare for the 2018 filing season. “The hearing will focus on making certain the agency is well staffed and has the technology it needs to serve taxpayers, reduce fraud and keep taxpayer information secure,” said… Read more »

IRS Revamp Bill Introduced in House

Two lawmakers on the House Ways and Means Oversight Subcommittee released draft legislation this week to overhaul Internal Revenue Service (IRS) operations and modernize the agency’s information technology, infrastructure and services. Oversight Subcommittee Chairman Lynn Jenkins (R-KS) and Ranking Member John Lewis (D-GA) said the draft bill is the result of dozens of hearings and… Read more »

Category: IRS

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 »