Republicans strip IRS of another $20b in government shutdown fight
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
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Republicans Quietly Axed IRS Funding While No One Was Looking
Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
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 ...
Editorial: IRS cuts make Uncle Sam lose money — Reducing the enforcement budget is bad policy
No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that ...
IRS Sending 'Special' Stimulus Checks to 1 Million Americans
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...
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IRS sending out stimulus checks to 1M Americans
The Internal Revenue Service (IRS) will send out a total of $2.4 billion in "special payments" to 1 million people who did ...
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IRS announces key tax adjustments for 2025
The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.
JD Supra6d
Section 48 Energy Investment Tax Credit: Final Regulations Released
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for the energy investment tax ...