Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...

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

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

The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.

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

For a brief moment, the IRS had the full breadth of resources it needed to investigate wealthy tax cheats, courtesy of President Joe Biden’s Inflation Reduction Act. Now, most of this funding, ...

Standard deductions, AMT exemptions, and other tax provisions will be impacted by the inflation adjustments that the IRS has announced for the 2025 tax year. Find more about the modifications and how ...

The IRS released numbers for tax year 2024 back in November 2023 .

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