Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.
Every serious study of the effect IRS funding levels have on receipts shows that the increased tax revenues they generate far ...
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
With the holidays right around the corner, it’s a hard pill to swallow that tax season is also coming up. Inflation has ...
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 ...
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 ...