IRS Budget Needs to Be Restored and Supplemented to Implement and Enforce the New Tax Law
January 25, 2018
January 25, 2018
WASHINGTON, Jan. 25 -- The Center on Budget & Policy Priorities issued the following news release:
The implementation and enforcement of the recently enacted federal tax legislation pose a once-in-a-generation, multi-dimensional challenge for the Internal Revenue Service (IRS). The new law will affect virtually every taxpayer and business in the country. It eliminates ingrained features of the income tax, such as the personal exemption and many deductions, introduces a new tax t . . .
The implementation and enforcement of the recently enacted federal tax legislation pose a once-in-a-generation, multi-dimensional challenge for the Internal Revenue Service (IRS). The new law will affect virtually every taxpayer and business in the country. It eliminates ingrained features of the income tax, such as the personal exemption and many deductions, introduces a new tax t . . .