The Massachusetts Municipal Wholesale Electric Co. received $2.3 million from a clean energy tax credit program included in ...
President-elect Donald Trump has called for yanking significant funds from the agency. So would that mean a “Wild West” for ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
The New Republic on MSN11d
Republicans Quietly Axed IRS Funding While No One Was LookingAmid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Salon on MSN10d
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdownThe GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
The next chance to unfreeze the extra IRS funding — allocated chiefly by Democrats via the Inflation Reduction Act of 2022, or IRA, and immediately opposed, and arguably distorted, by ...
AI tools are accelerating the development of deepfake schemes and disinformation campaigns that led to fraud The IRS is ...
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