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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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal.
Republicans strip IRS of another $20 billion in government shutdown fight
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to improve customer service at the tax agency and train fresh scrutiny on wealthy tax cheats.
Republicans Quietly Axed IRS Funding While No One Was Looking
During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion from the Internal Revenue Service. 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.
1h
Who qualifies for $1,400 IRS stimulus checks? Why are they being sent? Here's what to know
The Internal Revenue Service said Friday that one million taxpayers are set to receive about $2.4 billion in stimulus checks ...
5h
on MSN
IRS to send unclaimed tax rebates to 1M Americans
The IRS is sending about 1 million eligible American taxpayers a payment this month for the pandemic-era Recovery Rebate ...
8h
on MSN
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
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
Nigerian Tribune
10h
EIRS debunks alleged decline in Edo revenue collection
Management of the Edo State Internal Revenue Service (EIRS), on Thursday, said that there is no iota of truth about the claim ...
JD Supra
8d
Internal Revenue Service Criminal Investigation (IRS-CI) Reports Billion Dollar Impact
Internal Revenue Service Criminal Investigation (IRS-CI) recently released its Fiscal Year 2024 (FY24) Annual Report, ...
Hosted on MSN
11h
FCT-IRS records N252.83bn from internally generated revenue in 2024
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has announced a record collection of N252.83 billion in ...
PM NEWS Nigeria
2d
Okpebholo tightens revenue rules, declares war on cash transactions
Ikhilor emphasised that only EIRS-licensed agents are authorised to collect revenue, following a system developed ...
Nairametrics
6d
FCT-IRS records N252.83billion from internally generated revenue in 2024
The Federal Capital Territory Internal Revenue Service (FCT-IRS) announced a record collection of N252.83 billion in ...
2d
How a Consulting Firm and Trump’s I.R.S. Pick Pushed a Problematic Tax Credit
Billy Long worked with Lifetime Advisors, a company that solicited clients to claim a pandemic-era tax credit that the I.R.S.
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IRS
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Joe Biden
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Recovery Rebate Credit
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