Talk of new IRS agents has been in the news since the Inflation Reduction Act allocated $80 billion in increased funding for the IRS over ten years. The idea is that the funds could help improve ...
Opinions expressed by Forbes Contributors are their own. I focus on taxes and litigation. Tax collections this year in the U.S. are up 23% compared to last year, according to a new study by the ...
When it was first revealed that the so-called “Inflation Reduction Act” provided funding for 87,000 new IRS agents, Biden ...
The IRS released details on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ...
Earlier this year, the IRS announced Chief Jim Lee would retire from federal service. Lee began his career in 1995 as a ...
President Joe Biden recently signed the Inflation Reduction Act (IRA) into law. Along with the goals of creating jobs, reducing pollution, and cutting Medicare costs, the IRA adds nearly $80 ...
When the Internal Revenue Service (IRS) does its job, it is a thorn in the side of tax cheats — often wealthy Americans and corporations. That is why one of the first things the new Republican ...
Opinions expressed by Forbes Contributors are their own. I cover individual tax issues and IRS developments. Yesterday, in a largely symbolic gesture, newly elected Speaker of the House, Kevin ...
“This was our very first act of the new Congress, because government should work for you, not against you,” McCarthy tweeted. The bill passed along party lines, with a vote of 221 to 210.
The IRS released details Thursday on how it plans to spend $80 billion on improved operations, pledging to hire more customer service representatives and audit more wealthy taxpayers. Some ...
The Internal Revenue Service’s struggles in the face of limited resources are well-documented. Over the past decade, the IRS’s budget has increased only 9% (from approximately $12.4 billion in ...
The Internal Revenue Service (IRS) is aiming at a specific group to reduce cheating and boost revenues to the federal ...