A reported plan to cut staff at the agency by half and uncertainty over the future of its free tax filing program could have ...
It would likely contribute to a longer-term trend at the agency of diminished audit rates, minimal tax enforcement for the ...
Congress approved nearly $80 billion in IRS funding via the Inflation Reduction Act in 2022, and more than half was earmarked ...
Clause 247 of the new IT bill gives authorities the power to “gain access by overriding the access code to any said computer ...
Lowering the corporate tax rate will cost the country at least $522 billion over 10 years, money that should be invested in ...
15U.S. Gov’t Accountability Office, GAO-23-106020, Tax Enforcement: IRS Audit Processes Can Be Strengthened to Address a Growing Number of Large, Complex Partnerships 37 (July 2023), https ...
This system has long stood as proof that immigration and tax enforcement are two different worlds, a separation that has encouraged unauthorized immigrants to pay taxes and generated revenue for ...
To remove that revenue stream, lawmakers would need to find a way to make up the money – Florida also doesn't have a state ...
Correction: This article was updated to remove a reference to House Ways and Means Committee Chairman Jason Smith’s (R-Mo.) views on IRS collections and the debt ceiling. (The Hill) – The ...