Trump’s 2020 Budget Calls For $11.5B In IRS Funding

Law360 (March 11, 2019, 8:03 PM EDT) -- President Donald Trump’s budget for fiscal year 2020, released Monday, calls for $11.5 billion in funding for the Internal Revenue Service, up from $11.3 billion in the current fiscal year.

President Donald Trump’s budget for fiscal year 2020 increases the Internal Revenue Service budget by $200 million. (AP) The Trump administration’s "Budget for a Better America” would work in tandem with legislation that would require employees and those attempting to claim the earned income tax credit to provide their Social Security numbers, while also encouraging general taxpayer compliance, according to the budget. The measures would yield an an additional $47 billion in revenue...

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