Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
As 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 ...
Congressional Democrats had hoped to preserve the IRS’s resources during innumerable rounds of negotiations around the government shutdown, Rep. Rosa DeLauro (Connecticut), the top Democrat on ...
Income Tax e-filing faces major disruption as income tax e-filing portal goes down. Thousands of taxpayers impacted, deadline ...
U.S. lawmakers weren’t in a giving mood toward the taxman as they passed a bill over the weekend to avert a government shutdown before ... when the IRS was allocated additional funding through ...