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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
How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code
Posted inCorporate Taxes Corporations Decisions and Verdicts Income Tax Law and Legislation Moore vs. U.S. Politics and Government Supreme Court (US) Tax Cuts and Jobs Act (2017) Tax Shelters Taxation United States Economy

How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code

The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.
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Posted by By Alan Rappeport

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