Requested a late-filing tax extension? The deadline is looming closer
The Internal Revenue Service is urging Americans who received a late-filing extension to submit their 2021 tax returns before the Oct. 17 deadline.
Hurricane Ian victims in Florida qualify for tax relief, IRS says
The Internal Revenue Service said Thursday that victims of Hurricane Ian in Florida qualify for tax relief. The relief is part of a coordinated federal response.
Rep. Mayra Flores on school gun violence: America needs to start investing ‘billions’ in our children’s safety
Rep. Mayra Flores, R-Texas, details her recent bill that plans to take away funding from the IRS to pay for addressing gun violence in schools and discusses the border crisis on ‘Varney & Co.’
Inflation could soon push you into a higher tax bracket: What to know
American taxpayers living in at least 22 states could face higher taxes as a result of stubbornly high inflation, a phenomenon that is known as "bracket creep."
Yellen outlines planned changes to the IRS in $80B overhaul
Treasury Secretary Janet Yellen on Thursday touted Democrats' $80 billion funding boost for the IRS, saying the money will make "real differences" to taxpayers.
Over 1K IRS agents being ‘willfully delinquent’ on their tax returns is ‘inexcusable’: Sen. Ernst
Sen. Joni Ernst, R-Iowa, provides insight on inflation's impact on Americans and the report that revealed 1,250 IRS employees were delinquent taxpayers.
Over 1K IRS agents being ‘willfully delinquent’ on their tax returns is ‘inexcusable’: Sen. Joni Ernst
Sen. Joni Ernst, R-Iowa, weighs in on reports that 1,250 IRS employees were delinquent on their tax bills despite the agency’s latest endeavor to hire 87,000 new agents on ‘Varney & Co.’
IRS must police their own agency before hiring 87,000 new agents: Sen. Joni Ernst
Iowa Republican Sen. Joni Ernst reacts to the new report that 1,250 IRS workers were intentionally delinquent on their own tax bills on ‘Varney & Co.’
Delayed IRS returns, consumers provide inflation expectations and more: Tuesday's 5 things to know
Time is running out for more than a million Americans to collect refunds from the IRS and a Federal Reserve Bank of New York survey reveals a key prediction about inflation.
IRS refunding $1.2B in late-filing penalties, here's how to collect the money
The IRS is paying out $1.2 billion in late-filing refunds and credits to more than 1 million taxpayers, but there are just a few weeks left to collect the money.
IRS admits it exposed confidential information of 120,000 taxpayers online
The IRS said Friday that it had inadvertently exposed the confidential information of about 120,000 taxpayers on its website before it identified the mistake.
Americans are ‘waking up’ to the Biden administration’s ‘craziness’: Rep. Burgess Owens
Rep. Burgess Owens, R-Utah, provides insight on the latest developments from the FBI raid of Trump’s Mar-a-Lago estate on ‘Mornings with Maria.'
CBO says Democrats' tax hike and social spending bill will increase IRS enforcement on middle class
The CBO expects audits to increase slightly on middle class taxpayers, and says other enforcement actions will increase regardless of income bracket.
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.'