The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump’s policies ...

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...

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

The new Congress will have a full plate including deciding the fate of the Tax Cuts and Jobs Act and Internal Revenue Service ...

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

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

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

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

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

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

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, ...