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 ...
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Opinion
Longview News-Journal4hOpinion
Editorial: Reducing IRS enforcement budget is bad policy
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, ...
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
BusinessWorld2d
IMF: Monetary policy must be calibrated to account for severe shocks
THE PHILIPPINES’ monetary policy may need to be calibrated to integrate increasingly drastic supply shocks, the International Monetary Fund (IMF) said. “Looking ahead, monetary policy may need to ...
IRS Sending 'Special' Stimulus Checks to 1 Million Americans
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...
Illinois lawmakers may consider better pension benefits for government workers
The General Assembly created so-called “Tier 2” pensions in 2010 in hopes of avoiding long-term liabilities, but the benefits ...
Kiplinger4d
How Inflation Impacts Your Taxes
Inflation has been on many people's minds lately, especially when you go to the grocery store for a few items and leave with a sky-high amount on your receipt. Thankfully, there may be a potential ...