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 ...
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
Tax Notes reporters recap some of the most memorable stories they encountered in 2024, from “pig butchering” scams to a ...
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 ...
Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...
Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...