The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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.
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.
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for the energy investment tax ...
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 ...
She joins former Maryland Governor Martin O’Malley, Minnesota Democratic Party Chair Ken Martin, Wisconsin Democratic Party ...