Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
The IRS is seeking to update its regulations involving an excise tax imposed on sales by manufacturers, producers, or ...
Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans ...
As inflation continues to strain household budgets across the United States, several states are stepping up with financial ...
The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on ...
This is exactly what good government initiatives and policies ought to be like, so let’s not be too surprised when Trump and ...