By SC Nebraska News |
Aug 30, 2024
Washington, D.C. – Congressman Adrian Smith (R-NE) issued a statement following the release of a new report by the Treasury Inspector General for Tax Administration (TIGTA). The report finds that the Internal Revenue Service (IRS) has not fully implemented a 2022 directive from Treasury Secretary Janet Yellen, which prohibits using $80 billion in stimulus funding to increase audits on taxpayers with incomes below $400,000.