IRS

According to a 212-page transcript of his interview, a former IRS employee told the House Ways and Means Committee that United States Attorney David Weiss requested permission to charge Hunter Biden in two federal districts.  Offenses…

According to a report to Congress released on Wednesday, the IRS has processed tens of millions of tax returns quicker this year than in previous years, and phone customer service is growing slightly better. Yet, there is a critical need…

The IRS processed more tax returns quickly this year, and phone service improved, says a congressional report released Wednesday. However, there is a significant need for the agency to update its information technology services and…

According to a court document filed on Tuesday, US President Joe Biden's son Hunter Biden has agreed to plead guilty to two misdemeanor charges of wilfully failing to pay income taxes and to enter into an arrangement that could prevent him…

The IRS is considering advice for those who incorrectly claimed the tax benefit after receiving a deluge of business filings using a pandemic-era tax credit. During the Covid-19 outbreak, the employee retention credit was developed to…

A prominent Republican wants to take away the weapons and defund the anti-fraud police that locked up criminal Al Capone. Iowa's senator from the upper chamber of Congress, Joni Ernst, has proposed a bill that would disarm the Internal…

With the Inflation Reduction Act's $80 billion in funding, the IRS faces back from Congress by around 25%.  In the latest debt ceiling agreement, President Joe Biden made a significant IRS compromise.  IRS Faces Challenges Amidst…

Congress has reclaimed approximately 25% of the $80 billion allocated to the IRS through the Inflation Reduction Act. President Biden has made a significant concession regarding the Internal Revenue Service in the recent debt limit deal.…