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I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts
Posted inFederal Budget (US) Internal Revenue Service Politics and Government Tax Evasion Taxation United States Politics and Government Werfel, Daniel I

I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts

Daniel Werfel will try to persuade skeptical Republicans on Thursday that funding the tax agency is a good investment.
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Posted by By Alan Rappeport
Yellen Hits Trump Over Handling Of Economy
Posted inInfrastructure (Public Works) Stimulus (Economic) Tax Cuts and Jobs Act (2017) Taxation United States Economy United States Politics and Government

Yellen Hits Trump Over Handling Of Economy

The Treasury Secretary acknowledged that consumer prices, which have weighed on economic sentiment, continue to be too high.
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Posted by By Alan Rappeport
Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion
Posted inCollins, Erin M Identity Theft Inflation Reduction Act of 2022 Internal Revenue Service Taxation Taxpayer Advocate Service United States Politics and Government

Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion

The Office of the National Taxpayer Advocate lamented that the tax collection agency, which now faces budget cuts in Congress, is still struggling to answer the telephones.
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Posted by By Alan Rappeport
I.R.S. to Begin Trial of Its Own Free Tax-Filing System
Posted inContent Type: Service Income Tax Inflation Reduction Act of 2022 Internal Revenue Service Personal Finances Tax Preparers and Preparation Taxation TurboTax (Intuit Inc) United States Politics and Government

I.R.S. to Begin Trial of Its Own Free Tax-Filing System

Residents of 12 states are eligible to participate if they meet certain criteria. But the agency’s plans have already met resistance from tax preparation companies.
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Posted by By Ann Carrns

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