Inflation Internal Revenue Service

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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal.

The Washington Post on MSN · 2d

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.

Opinion

The New Republic on MSN · 1d

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 catch it.

MarketWatch on MSN · 2d

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 $20.2 billion.

Yahoo · 20h

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

Hosted on MSN20h

Understanding the $3,200 stimulus check amid rising inflation

As inflation continues to strain household budgets across the United States, several states are stepping up with financial ...

MiBolsilloColombia on MSN9d

IRS announces inflation adjustments for 2025 tax year

The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing ...

USA TODAY on MSN10d

What are the tax brackets for tax years 2024 and 2025? What to know ahead of filing season

The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

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 ...

2don MSN

IRS Sending 'Special' Stimulus Checks to 1 Million Americans

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...

Blavity on MSN11d

2024 Tax Brackets And More Things To Know About The Upcoming Season

With the holidays right around the corner, it’s a hard pill to swallow that tax season is also coming up. Inflation has ...

Opinion

Havasu News2dOpinion

New York Daily News: IRS cuts make Uncle Sam lose money — Reducing the enforcement budget is bad policy

No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle ...

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