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IRS announces key tax adjustments for 2025The 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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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.
Every serious study of the effect IRS funding levels have on receipts shows that the increased tax revenues they generate far ...
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Republicans Quietly Axed IRS Funding Amid Government Shutdown ChaosAs Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
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 ...
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Trump’s expiring 2017 tax cuts made income inequality worse and especially hurt Black Americans: studyThe Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on ...
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