Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.

Retirement savers get a boost as the IRS announces increased contribution limits for 2025. Discover how these adjustments can ...

If Congress votes simply to extend current funding levels, the IRS could lose billions. With about a week to go before Christmas—and a shutdown looming—Congress was back to work this week.

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 ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to ...

During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion ... and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s ...

Republicans quietly made massive progress on their goal to defund the IRS in a last-minute package to avoid a government shutdown. Through the continuing resolution passed last week, funding the ...

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 ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo ... Biden and congressional Democrats gave the ...