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Senate Confirms Daniel Werfel as IRS Commissioner
Posted inInflation Reduction Act of 2022 Internal Revenue Service Senate Treasury Department United States Politics and Government Werfel, Daniel I

Senate Confirms Daniel Werfel as IRS Commissioner

The new commissioner of the Internal Revenue Service will oversee the agency’s $80 billion overhaul.
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Posted by By Alan Rappeport
IRS Decision Not to Tax Certain Payments Carries Fiscal Cost
Posted inBiden, Joseph R Jr Federal Budget (US) Internal Revenue Service National Debt (US) Politics and Government Rebates and Refunds States (US) Tax Credits, Deductions and Exemptions Taxation United States Economy

IRS Decision Not to Tax Certain Payments Carries Fiscal Cost

The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.
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Posted by By Linda Qiu and Alan Rappeport
You Can Use Your Tax Refund to Buy I Bonds, but Should You?
Posted inConsumer Price Index Content Type: Service Government Bonds Income Tax Inflation (Economics) Interest Rates Internal Revenue Service Personal Finances Rebates and Refunds Tax Credits, Deductions and Exemptions

You Can Use Your Tax Refund to Buy I Bonds, but Should You?

The answer depends on whether you’re looking to get high interest rates now or a safe investment with inflation protection over many years.
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Posted by By Ann Carrns
Biden’s I.R.S. Nominee Will Be Grilled About $80 Billion Overhaul
Posted inBiden, Joseph R Jr Internal Revenue Service Internal Revenue Service Political Profiling Senate Committee on Finance Taxation United States Politics and Government Werfel, Daniel I

Biden’s I.R.S. Nominee Will Be Grilled About $80 Billion Overhaul

Daniel Werfel is expected to defend the administration’s plan to modernize the agency at his confirmation hearing on Wednesday.
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Posted by By Alan Rappeport

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