IRS Funding Hangs in Balance Ahead of Key Deadline: BGOV Tax

IRS Funding Debate Awaits Congress

Congress is back, and the fate of the IRS’s annual budget is in its hands.

How or whether lawmakers fund the government in the next four weeks will determine not just funding for the tax collection agency but potentially even more changes to tax policy after enactment of President Donald Trump’s signature legislative package in July.

As has been the case in recent years, lawmakers are unlikely to approve full-year government funding by the Sept. 30 deadline, which would require Republicans and Democrats to meld competing demands to slash or preserve IRS funding. Some of ...