To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.

Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...

WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...

The Biden administration said these cuts could add $140 billion to national debt over the next decade by weakening the IRS's ability to catch wealthy tax evaders.

Income Tax e-filing faces major disruption as income tax e-filing portal goes down. Thousands of taxpayers impacted, deadline ...

Donald Trump's involvement in the TikTok issue stems from his actions as President of the United States in 2020. Back then, ...

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has ...

On November 28, 2024, the popular free streaming site for K-drama, Dramacool, announced its closure due to copyright issues. Known for its vast library of subtitled Asian dramas, Dramacool also ...

Republicans in Congress have helped axe a critical State Department agency, just as Donald Trump is set to take office.

The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.

The Internal Revenue Service said Friday that one million taxpayers are set to receive about $2.4 billion in stimulus checks ...

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...