The Biden administration said these cuts could add $140 billion to national debt over the next decade by weakening the IRS's ability to catch wealthy tax evaders.
A driver attempted to flee after hitting a pedestrian in Ogden Friday evening, according to the Ogden Police Department.
Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
Republicans in Congress have helped axe a critical State Department agency, just as Donald Trump is set to take office.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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 $20.2 billion.
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
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