Federal Inland Revenue Service, FIRS, said it has expanded the country's tax net with the capturing of more than 170,000 new taxpayers through the introduction of new business modules and simplifying tax payment processes.
“Taxpayers had to visit different offices to fulfil their tax obligations. Presently, there is no need to go to our offices; with the click of a button, one can complete all tax payment affairs.”
Austin's new city manager T.C. Broadnax is proposing another record-high budget at $5.9 billion. It's a 5% increase from the previous fiscal year of $5.5 billion.
Part of the push for public awareness of high-wealth tax collections is a growing recognition by agency officials that a potential Republican takeover of the White House and Congress could mean massive future budget cuts for the IRS.
Part of the push for public awareness of high-wealth tax collections is a growing recognition by agency officials that a potential Republican takeover of the White House and Congress could mean massive future budget cuts for the IRS.
The $1 billion benchmark is the agency’s attempt to prove that it is making good use of the nearly $80 billion in funding from Biden’s 2022 Inflation Reduction Act.