The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Extra money for tax compliance, with a goal of carrying out more audits of high-earning households and big businesses, has been the subject of a back-and-forth among lawmakers since 2022, when the IRS ...
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
For a brief moment, the IRS had the full breadth of resources it needed to investigate wealthy tax cheats, courtesy of President Joe Biden’s Inflation Reduction Act. Now, most of this funding, ...
The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.