FOR IMMEDIATE RELEASE

Media Contact
Janel Knight Trulear
janel@emccommunications.com
(617) 875-6581

STATEMENT: House Expected to Vote to Rescind Much-Needed IRS Funding a Blow Against Creating a Level Playing Field on Taxes for Small Business

Statement by Small Business for America’s Future Co-Chair Anne Zimmerman Founder & Owner, Zimmerman & Co. CPAs and Treasurer of Anderson Area Chamber of Commerce in Cincinnati, on House of Representatives’ vote to rescind IRS Funding

Jan. 9, 2023– The House of Representatives is expected to pass the Family and Small Business Taxpayer Protection Act rescinding much-needed funding for the IRS to update its human and technology infrastructure. This will hinder progress to level the playing field on taxes for small businesses and middle-class families. 

Political detractors have distorted the purpose of the $80 billion investment in the IRS included in the Inflation Reduction Act. It would not mean more audits for the middle-class and small business but more staff and technology to help the IRS fulfill its duties that are required by law. The funding also would hold the wealthy and large corporations, which are able to pay for lawyers and accountants to find and exploit loopholes, accountable. 

Rescinding this money would leave the IRS with insufficient levels of staffing to support the growing number of small businesses who need to speak with knowledgeable, well-trained IRS staff  to support their small business. We urge the Senate to see this for what it is—a performative vote to incite division—and focus instead on bipartisan legislation that will help our Main Street businesses thrive. 

To request an interview with Small Business for America’s Future Network Co-Chair Anne Zimmerman, contact Janel Knight Trulear at (617) 875-6581 or janel@emccomunications.com.

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About Small Business for America’s Future

Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and G with their communities. Visit www.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.