United States Senator Mike Crapo - Idaho

*Protecting Hardworking
Taxpayers from Internal Revenue Service (IRS) Overreach*

The partisan
Inflation Reduction Act of 2022 included a massive $80 billion funding
boost for the IRS, the majority of which was earmarked for aggressive
enforcement, while just a sliver was set aside to improve customer
service.
With a budget that now dwarves many other large federal
agencies, the IRS must especially be transparent and accountable to
all Americans.

The IRS was expected to release funding plans for this
bloated budget in February, but its delivery has now been delayed.
At
a recent Finance Committee hearing to consider the nominee for IRS
Commissioner, I pressed for a commitment to publicly [link 1] release
this funding plan in real time to allow stakeholders and Congress an
opportunity to provide feedback.

Before the spin campaign touting the
benefits of this funding begins, Idahoans deserve to know some
baseline truths about what the funding will go toward and who will be
impacted.
Read my opinion piece, "Setting the Record Straight on
Supersized IRS Funding," here [link 2].
You can also read more about
who is most likely to experience increased audits in a piece I
authored for Fox News here [link 3].

As the lead Republican on the
Senate Finance Committee, I am taking actions to make sure the IRS is
working for taxpayers, and not the other way around.

Bills I have
introduced and co-sponsored include:

-
**Preventing the IRS from
Increasing Audits on Those Making Less than $400,000 Per Year**

To
hold the Administration to its commitment to "not raise taxes by one
penny on anyone making less than $400,000 per year," I introduced a
bill [link 4] to prevent the IRS from using its massive cash infusion
to increase audits on taxpayers who earn below this threshold.
The
bill has teeth, in contrast to unenforceable, nonbinding statements of
intention that the Treasury Secretary has made, or vague edicts to not
squeeze more revenue out of small businesses and working Americans.

-
**Massive Funding Boost Requires Transparency and Accountability**

To
ensure the IRS is transparent and accountable to taxpayers, I
co-sponsored the IRS Funding Accountability Act [link 5] that would
require the IRS to provide Congress with an annual plan for how the
agency intends to use its $80 billion in funding from the Inflation
Reduction Act, giving power to American's elected representatives,
rather than faceless, unaccountable bureaucrats.

-
**Stopping the
IRS from Snooping in Your Bank Account **

I co-sponsored the
Prohibiting IRS Financial Surveillance Act [link 6], which would
prevent the IRS from requiring financial institutions to report
certain private transaction data, like inflows and outflows of your
bank account.
Americans loudly rejected [link 7] this idea in previous
congresses, but must stay vigilant.

At the aforementioned nomination
hearing, I pressed the nominee for commitments to these ideals: to
make details of the IRS funding boost public; to not increase audits
on taxpayers earning less than $400,000; and to reject proposals to
collect sensitive, private financial data on Americans.
Read more here
[link 8].

The new IRS Commissioner must faithfully stand up for the
American taxpayers, acting as a fair, consistent and impartial umpire
for taxpayers, rather than reflexively pro-IRS.
Transparency and
accountability will be paramount.
I will continue to work to prevent
the IRS from using its new, massive supplemental funding to increase
audits on Idaho's small businesses and working families, and focus
where it should on upholding taxpayers' rights and improving their
services.

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Contact
Information:

Website:

Offices:
239 Dirksen Senate
Building
Washington D.C., 20510
Phone: (202) 224-6142

Idaho Falls
410 Memorial Drive
Suite 205
Idaho Falls, ID 83402
Phone: (208)
522-9779

Boise
251 East Front Street
Suite 205
Boise, ID 83702
Phone: (208) 334-1776

Lewiston
313 'D' Street
Suite 105
Lewiston,
ID 83501
Phone: (208) 743-1492

Caldwell
524 East Cleveland
Blvd.
Suite 220
Caldwell, ID 83605
Phone: (208) 455-0360

Pocatello
275 South 5th Avenue
Suite 100
Pocatello, ID 83201
Phone: (208)
236-6775

Coeur d' Alene
610 Hubbard Street
Suite 209
Coeur d'
Alene, ID 83814
Phone: (208) 664-5490

Twin Falls
202 Falls
Avenue
Suite 2
Twin Falls, ID 83301
Phone: (208) 734-2515
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