Daily Tax Update - March 16, 2016: Secretary Lew Testifies on Additional IRS Funding

Secretary Lew Testifies on  Additional IRS Funding:  US Treasury Secretary Jacob Lew appeared before the House Appropriations Subcommittee on Financial Services and General Government today regarding the IRS’s budget request.  Testifying that the IRS remains “severely underfunded,” Secretary Lew repeated his call for additional IRS funding, which he also made on March 8 before the Senate Appropriations Committee.