Moneywise on MSN8h
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The Inflation Reduction Act of 2022 included $79.4 billion in funding for the IRS — $1.4 billion of which was rescinded to ...
Opinion: The IRS faces more cuts under Trump. Here are three ways that could hurt the economy
Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...
The IRS Just Lost Billions. Here's What That Means For Your Taxes
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
The New Republic on MSN6dOpinion
Republicans Quietly Axed IRS Funding Amid Government Shutdown Chaos
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
Hosted on MSN1h
3 Ways Retirees on a Budget Can Get Help Filing Their Taxes
Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season.
Republicans strip IRS of another $20b in government shutdown fight
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Other voices: Reducing the IRS enforcement budget is bad policy
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Crooks and Liars2d
Republicans Just Slashed IRS Funding In Shutdown Deal
Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...
Congress strips IRS of another $20B in averting government shutdown
WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...