Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
If you struggle with money — or you have a specific goal to save money going into the new year — following a budget can help ...
For example, revenue collected by the IRS, which provides 96% of government funding, totaled $5.1 trillion in fiscal year 2024 on an appropriated budget of $12.3 billion. That return on investment, ...
The agency lost $20 billion in funding under the latest deal to avoid a government shutdown, and further cuts to its enforcement budget are likely ... adequately funded IRS is good for the U.S ...
For a brief moment, the IRS had the full breadth of resources it ... this goal in part due to their own inability to negotiate a budget, as these are concessions that Democrats made in order ...
Werfel said the boost in the IRS budget “has played an absolutely critical role” in improvements to taxpayer services. “We’ve put the money to good use,” he said. If Congress does slash ...
A 2021 report from the Congressional Budget Office indicated that the $80 billion in added IRS funding over 10 years would yield approximately $200 billion in added tax revenue without raising taxes.
The IRS said Friday it is sending a total of $2.4 billion in "special payments" to 1 million people, part of an effort to ensure that Americans who didn't receive all of their federal stimulus ...