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Taxpayer Protection: Rescinding IRS Funding

This act aims to reduce the financial resources available to the Internal Revenue Service (IRS). It means that some funds previously allocated to IRS activities, including those from the Inflation Reduction Act, will be withdrawn. This could impact how the IRS conducts audits and serves taxpayers.
Key points
Rescission of unobligated funds previously made available to the Internal Revenue Service (IRS).
Reduced IRS budget may affect its ability to conduct audits and provide services.
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Status:
Introduced
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Additional Information
Family and Small Business Taxpayer Protection Act
Print number: HR 196
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2025-01-03