Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...
Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season.
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
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 ...
For a brief moment, the IRS had the full breadth of resources it needed to investigate wealthy tax cheats, courtesy of ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.