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Taxpayer Protection: Rescinding IRS Funding for Families and Small Businesses

This act aims to reduce the financial resources available to the Internal Revenue Service (IRS) that were previously allocated for its operations. This could impact the scope and intensity of tax audits and taxpayer services, potentially easing pressure on small businesses and families.
Key points
Rescission of unobligated funds previously made available to the Internal Revenue Service (IRS).
Potential reduction in the number of tax audits and enforcement actions by the IRS.
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Additional Information
Print number: 117_HR_9092
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2022-09-30