The Internal Revenue Service may have warned about agency cutbacks due to sequestration, but in the end, taxes from Obamacare appear as if they’re going forth, on target and on schedule.
More than 40 tax changes stem from the Affordable Care Act. And both IRS and Treasury officials warned about changes and delays in services due to employee furloughs, The Hill reports. Turns out, those warnings may be unnecessary. At least one former tax attorney says the recent silence of IRS and Treasury officials on questions about sequester impacts is actually speaking volumes.
“The silence is deafening,” said Chris Condeluci, a former tax counsel for Senate Finance Committee Republicans, in The Hill. “ACA implementation is a priority. Their silence with regard to the sequester indicates that they won’t let anything get in the way of implementation, sequestration or otherwise.”