Budget Control Act

Sequestration & the IRS

Not even the mighty IRS can avoid the latest political hot potato, sequestration (mandatory across-the-board spending cuts for nearly all federal agencies).

Yesterday the Senate rejected two bills that would have avoided the sequestration.  This means it is almost guaranteed that the automatic spending cuts required by the Budget Control Act of 2011, P.L. 112-25 will kick-in.

The Internal Revenue Service (IRS) told employees on Thursday that agency furloughs from sequestration would not begin until after tax-filing season, according to a union that represents agency workers.

With mandatory government spending cuts looming, Acting IRS Commissioner Steven Miller sent a memo to all IRS employees on Thursday, outlining the agency’s plans in the event sequestration occurs as planned on Friday. He outlined spending cuts the IRS plans to make, including employee furloughs,