The U.S. Senate approves additional funding for the IRS. The Senate has passed The Interior, Environment, Financial Services, and General Government Appropriations Act, 2019, which provides $11.26 billion for the IRS. This is an increase of $186 million above 2018 funding levels. Of this amount, $77 million is dedicated to implement tax reform. The bill provides an additional $31 million for initiatives including fraud prevention and cybersecurity. The bill must now be reconciled with the House version, which that chamber approved on July 19.
