When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
A 2021 report from the Congressional Budget Office indicated that the $80 billion in added IRS funding over 10 years would ...
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
The battle over enhanced funding for the IRS took a new twist in December as Republican lawmakers set up another $20 billion ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...
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 ...
Elon Musk, the billionaire entrepreneur and owner of social media platform X, recently posted a tongue-in-cheek message ...
Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season.
For a brief moment, the IRS had the full breadth of resources it ... this goal in part due to their own inability to negotiate a budget, as these are concessions that Democrats made in order ...