Salon on MSN9d
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
The New Republic on MSN10d
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 ...
Year-End Collection: Tax Oddities Of 2024
Tax Notes reporters recap some of the most memorable stories they encountered in 2024, from “pig butchering” scams to a ...
Yahoo Finance3d
Another $20 Billion Cut from IRS Funding
Deputy Treasury Secretary Wally Adeyemo said in December that if the $20 billion cut occurs, the IRS will run out of enforcement funding in the current fiscal year and taxpayer service funding the ...
The Washington Post11d
Congress stripped IRS of another $20 billion in government shutdown fight
Before the additional resources kicked in, the agency had a mountain of 24 million backlogged paper tax returns; within a year of receiving the funding boost, that was almost eradicated ...
Crooks and Liars5d
Republicans Just Slashed IRS Funding In Shutdown Deal
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 ...
Another $20 Billion Cut from IRS Funding
The battle over enhanced funding for the IRS took a new twist in December as Republican lawmakers set up another $20 billion ...
50% property tax exemption will go before voters in 2026; lawmakers may need to consider impacts
A citizen-led initiative to slash property taxes for qualified Wyoming homeowners by 50% was certified Friday by Wyoming Secretary of State Chuck Gray to appear on the 2026 general election ballot.
Private schools call for national funding boost to offset new state tax
Victoria’s private schools argue the state payroll tax has caused a hit to their bottom lines and is making the cost of ...
The IRS is about to lose $20 billion in funding unless 1 thing happens soon — here’s what needs to be done and why that’s a problem for all Americans
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
Salon9d
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
A 2021 report from the Congressional Budget Office indicated that the $80 billion in added IRS funding over 10 years would yield approximately $200 billion in added tax revenue without raising taxes.