The consequences could be dire, as Treasury Deputy Secretary Wally Adeyemo warned reporters at the end of November that, “the ...
For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...
The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a ...
An IRS watchdog warns the agency faces challenges hiring enough employees to replace the number of employees it expects to retire in the coming years.
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...
The Internal Revenue Service (IRS) has made significant improvements in taxpayer services, largely due to funding from the ...
The 2024 law also provided $12.3 billion as a base budget for fiscal year 2024, the same as in fiscal year 2023. The IRS lost another $20 billion in December 2024 when Congress approved a continuing ...
KRON4's Lezla Gooden reports. Read more: <a href=" ...
Elon Musk, the billionaire entrepreneur and owner of social media platform X, recently posted a tongue-in-cheek message ...
Werfel said the boost in the IRS budget “has played an absolutely critical role” in improvements to taxpayer services. “We’ve put the money to good use,” he said. If Congress does slash ...