Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
Moneywise on MSN1d
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“the IRS is going to potentially have to make dramatic decisions about stopping hiring and starting to budget for a world in ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
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