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I.R.S. Acknowledges Black Americans Face More Audit Scrutiny
Posted inBlack People Discrimination Internal Revenue Service Senate Committee on Finance Tax Credits, Deductions and Exemptions Taxation United States Politics and Government Werfel, Daniel I

I.R.S. Acknowledges Black Americans Face More Audit Scrutiny

The commissioner, Daniel Werfel, said the agency was working to correct unfairness in the enforcement of the tax code.
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Posted by By Alan Rappeport
U.S. Could Run Out of Cash by June 1, Yellen Warns
Posted inBiden, Joseph R Jr Federal Budget (US) Internal Revenue Service McCarthy, Kevin (1965- ) National Debt (US) Treasury Department United States Politics and Government

U.S. Could Run Out of Cash by June 1, Yellen Warns

Janet L. Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its bills.
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Posted by By Alan Rappeport and Jim Tankersley
Trickling Tax Revenue Complicates Debt Limit Talks
Posted inBiden, Joseph R Jr Internal Revenue Service McCarthy, Kevin (1965- ) National Debt (US) Treasury Department United States Politics and Government

Trickling Tax Revenue Complicates Debt Limit Talks

The Treasury Department’s ability to delay a default, the so-called X-date, hinges on how fast the money is coming in.
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Posted by By Alan Rappeport
You Can Still File Your 2019 Taxes if You’re Due a Refund
Posted inContent Type: Service Coronavirus (2019-nCoV) Income Tax Internal Revenue Service Personal Finances Rebates and Refunds Tax Credits, Deductions and Exemptions Tax Preparers and Preparation Werfel, Daniel I

You Can Still File Your 2019 Taxes if You’re Due a Refund

The forms were originally due in the early days of the pandemic. The I.R.S. estimates that 1.5 million people are owed money, but they must file by July 17.
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Posted by By Ann Carrns

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