Cuts sought by Congress, Musk spell trouble for IRS

IRS Faces Rocky Path Forward

The IRS, and the rest of the government, is open today after Congress avoided a shutdown.

But the tax collection agency nevertheless faces a barrage of challenges to its mission from the Trump administration and a Congress dominated by his Republican Party, spelling uncertainty for taxpayers and practitioners in the coming years.

President Donald Trump signed into law a stopgap spending bill Saturday that claws back another $20.2 billion in IRS funds from the 2022 tax-and-climate law known as the Inflation Reduction Act, doubling the cuts from agency funding Democrats primarily earmarked for enforcement ...