IRS to start spending new $80 billion budget from Democrats
The IRS plans to start spending the influx of funding from Democrats' Inflation Reduction Act by hiring workers to answer the phone during the 2023 filing season.
IRS to refund penalties for millions of taxpayers who filed late
The IRS said this week that it will issue refunds to more than a million taxpayers who filed their returns for 2019 and 2020 late, part of a COVID-19-related relief effort.
Small businesses will get 'hammered by audits' as IRS looks to add 87K agents, Sen. Marshall warns
Sen. Roger Marshall, R-Kans., discusses the IRS adding more agents and what it could mean for small business owners as well as the middle class.
Small businesses will get 'hammered by audits' as IRS looks to add 87K agents, Sen. Marshall warns
Sen. Roger Marshall, R-Kans., argues the IRS adding more agents could exacerbate the labor shortage.
US needs more border agents than IRS agents: Sen. Marshall
Sen. Roger Marshall, R-Kans., discusses growing concerns over the IRS adding more agents.
Inflation Reduction Act garners skepticism over taxes, alternative energy policies
The Wall Street Journal columnist Jason Riley and The Federalist senior editor Christopher Bedford discuss the potential shortcomings of the Inflation Reduction Act on 'WSJ at Large with Gerry Baker.'
More IRS agents and anticipated tax hike could affect working families
Rep. Kevin Brady, R-Texas, examines what a bolstered IRS agency and more audits could mean for Americans on 'Maria Bartiromo's Wall Street.'
How the IRS will use $80B to go after tax cheats
The Internal Revenue Service has a plan for how it will use the $80 billion it received in the Inflation Reduction Act to go after wealthy tax cheats.
Democrats' new spending bill could shake things up ahead of November's midterms
Rep. Dan Meuser, R-Pa., and Macro Trend Advisors founding partner Mitch Roschelle forecast the impact the Inflation Reduction Act could have on the 2022 midterms on 'The Evening Edit.'
IRS wants to audit ‘soft targets,’ not the ‘big guys’: Texas cattle rancher
Cattle ranchers David and Deborah Hajda warn viewers about the expansion of the IRS and how it is expected to negatively impact Americans on ‘Cavuto: Coast to Coast.’
Media accuses GOP of making IRS the 'boogeyman' to voters
Rep. Brad Wenstrup, R-Ohio, discusses the credibility of the IRS as The Hill slams Republicans for 'hyping danger to voters.'
Still missing your tax refund? IRS could soon pay you more in interest
The Internal Revenue Service still owes millions of Americans their tax refunds and will likely have to pay interest due to a serious backlog in processing.
Small businesses, freelancers fear IRS agents will target them first: Hurts 'the smallest among us’
Freelancers and small businesses are worried the Inflation Reduction Act beefing up the IRS will put tax burdens on the gig economy and "hurt the smallest among us."
Rep. French Hill: This is 'disappointing, but not surprising'
Arkansas Rep. French Hill makes the case for more investigation into alleged climate spending fraud on 'The Evening Edit.'
Yellen directs IRS to develop plan for $80B overhaul within 6 months
Treasury Secretary Janet Yellen asked the IRS to develop a plan for spending the $80 billion in new funding that it received as part of Democrats' Inflation Reduction Act.
Inflation Reduction Act projected to have minimal effect on inflation
Former investment banker Carol Roth and former CKE Restaurants CEO Andy Puzder discuss Democrats' strategy to combat rising inflation on 'The Evening Edit.'
'Highly suspicious': Democrats’ bill for beefed-up IRS means more audits for all, Taxpayers’ union exec warns
National Taxpayers' Union Executive Vice President Brandon Arnold calls out Democrats' spending discrepancies and expansion of IRS agents as "highly suspicious."
IRS going to ‘squeeze taxpayers’ by ‘harassment’: Taxpayers’ union exec
National Taxpayers Union Executive Vice President Brandon Arnold argues more IRS audits and letters are coming for ‘all economic backgrounds.’
Democrats’ inflation bill ‘just doesn’t make sense,’ taxpayers’ union exec warns
National Taxpayers Union Executive Vice President Brandon Arnold discusses discrepancies around Democrats’ claim that the hiring of 87,000 IRS agents won’t increase the number of new audits.
Climate advice from bank CEO, IRS audit targets and more: Tuesday's 5 things to know
JPMorgan's CEO offers climate change advice, an IRS whistleblower points finger at who will be audited, housing, factory reports and more that could impact Tuesday trading.