When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
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 ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
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 ...
Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
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 ...