When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...
Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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 ...
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...
Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season.