A relatively obscure provision of the federal code that gives tax breaks to wealthier Americans in high-tax jurisdictions ...

As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...

The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...

Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...

Crapo says extending current policy, like the tax cuts from Trump’s first term that are set to expire at the end of this year, shouldn’t cost anything. Nor should what he calls “pro-growth” provisions ...

In May, the IRS said the program would ... the crosshairs of their cockamamie cost-cutting commission. It should be said that the program that these Republicans are railing against provides ...

WASHINGTON — IRS leadership ... duplicated the one-time cut. Treasury officials warn of dire consequences if the funding is effectively rescinded through inaction. Trump last week announced he planned ...

In May, the IRS said the program would be expanded and made permanent. But of course, there are Republicans who would ... s pro-government efficiency to want to improve. The more friction in ...

The U.S. Internal Revenue Service (IRS) headquarters building in Washington, DC. on Sept. 15, 2024. But of course, there are Republicans ... government efficiency to want to improve.