# Plain Language Summary: IRS Reduction Act

This bill would take back money that was given to the IRS under the Inflation Reduction Act of 2022. In that earlier law, Congress approved about $80 billion in new funding for the IRS to hire more staff, upgrade technology, and improve its ability to process tax returns and handle audits. This new bill would cancel that funding—specifically any money that hasn't already been spent or committed to specific projects yet.

The practical effect would be that the IRS would have significantly fewer resources to operate with going forward. This could mean slower processing of tax returns, longer wait times when you call the IRS with questions, fewer staff members available to handle audits, and potentially less ability to pursue tax fraud cases. If you're waiting for a refund or need help with a tax issue, you might experience longer delays. On the flip side, supporters of this bill argue that it reduces government spending and that the IRS doesn't need this level of funding.

The bill also requires the IRS to submit a report to Congress within 90 days explaining how it plans to improve its efficiency and speed up tax return processing, even with reduced funding. This suggests the bill's supporters believe the IRS should be able to do more with less money by streamlining its operations.

IRS Reduction Act

Van Drew, Jefferson

IRS Reduction Act This bill rescinds all unobligated amounts appropriated by the Inflation Reduction Act of 2022 for the improvement of the Internal Revenue Service (IRS). The Department of the Treasury must report on how the IRS plans to improve the efficiency of its services, including the processing of tax returns.