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IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a massive glut of ...
The House GOP's first policy bill out of the gate didn’t address inflation or gas prices or immigration, but instead went after the Internal Revenue Service.. The bill was passed Monday evening ...
More than two dozen House Republicans are asking President-elect Donald Trump to terminate the Internal Revenue Service's free direct tax-filing system as soon as day one of his presidency.
The House plan did not repeal the health insurance individual mandate, while the Senate bill and final Act did. The House plan eliminated deductions for state, local, and sales taxes paid, and capped property deductions at $10,000. The Senate bill initially would have eliminated the state and local property tax deduction, but in the later Act ...
THE TAKE: The IRS is completing its second tax return filing season with increased funding from the 2022 Inflation Reduction Act, which initially provided $80 billion in funding over 10 years to ...
[155] [156] [157] The report did not link the IRS's conduct to coordination with the White House, [158] though Republicans stressed that the investigation is ongoing and will continue in the next Congress. [156] In January 2015, the United States Senate requested that the White House produce all communications it has had with the IRS since 2010 ...
In the 2022 midterm elections, the Republican Party won control of the House 222–213, taking the majority for the first time since the 115th Congress, while the Democratic Party gained one seat in the Senate, where they already had effective control, and giving them a 51–49-seat majority (with a caucus of 48 Democrats and three independents).
During an appearance before the Senate on Wednesday, IRS Commissioner Daniel Werfel fielded questions on an array of topics: from the just-completed 2022 tax season to the changes coming to the ...