What’s at Stake When the IRS Is Weakened: How Defunding the IRS Affects Small Business Owners and Financial Transparency

Think the IRS is just about tax season headaches? Think again.

In this eye-opening episode, Meg unpacks the real cost of weakening the IRS — and why this issue is critical for small business owners, especially those from marginalized communities. From billionaires dodging taxes to low-income families getting audited, the system is broken — and intentional.

🔎 Meg Breaks Down:

• Why defunding the IRS isn't just a budget issue — it's a political strategy that protects the wealthy.
  
  

• How underfunding leads to more audits for low-income and BIPOC taxpayers.
  
  

• What this all means for you as a small business owner trying to play by the rules.
  
  

• The ripple effects on financial education, taxpayer support programs, and systemic equity.

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This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach and Founder of the Equitable Money Project. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

• Need to get your money stuff set up right? Check out our financial foundations course the Biz Money Blueprint!

• Submit Your Questions - DisruptYourMoney.com

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This podcast is intended for informational & educational purposes only and is not intended as professional financial advice.

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Song Credit: Midnight Specials by Ash Nino