President Joe Biden insisted that giving the Internal Revenue Service $80 billion and hiring 87,000 new agents would be all about targeting the wealthy, not the middle class. Unsurprisingly, it ...
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 ...
The IRS had set a goal of hiring 3,700 new agents in the first year of boosted funding. Instead, in the first six months, ...
When President Joe Biden pleaded for Congress to increase the budget of the Internal Revenue Service by more than $80 billion ...
The IRS clarified how it plans to spend $80 billion in funding from the Inflation Reduction Act. Republicans how to erase the ...
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 ...
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 ...
When April 15th, Tax Day, is done many breathe a sigh of relief. But, for those who file with the ...
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 ...
As the 2024 tax deadline nears, Americans are well aware of the outsized impact the Internal Revenue Service can have on ...
FOX Business host Larry Kudlow says President Biden's "manic" tax policies would "decimate" the economy on "Kudlow." ...