Headlines: IRS Walks Back Promise to Stay Open During Shutdown

The government shutdown threat looms as Congress scrambles to pass funding bills. The IRS previously said it could stay open during a shutdown by relying on Inflation Reduction Act funds. But now the agency says those funds can't sustain operations. According to its union, the IRS is preparing for furloughs and partial closures if a shutdown hits. This reversal surprised IRS employees and could spell delays for taxpayers and CPAs. Show Notes

IRS plans possible furloughs in case of shutdown

https://www.accountingtoday.com/news/irs-plans-possible-furloughs-in-case-of-a-government-shutdown

IRS to ‘partially close’ if government shutdown happens, reversing earlier plans, union says

https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-partially-close-if-government-shutdown-happens-reversing-earlier-plans-union-says/

Need CPE?  Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com

Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe.com

Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook, and if you like what you hear, please do us a favor and write a review on iTunes or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info?  Check out our new website: accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch

SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastYouTube: https://www.youtube.com/c/CloudAccountingPodcastWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page