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The Latest Breaking News from IRS

How will the Inflation Reduction Act change the IRS?

The Inflation Reduction Act would double the number of employees and expand the auditing capacity of the IRS.

USAFacts

Biden signs major climate, health care and tax bill into law - Roll Call

President Joe Biden signed major legislation aimed at fighting climate change and lowering health care costs.

Roll Call

What's in big Biden bill? Health, climate goals become law

President Joe Biden arrived at the White House promising to “build back” America, and on Tuesday he's signing into law legislation with a slimmer version of that idea

The Independent UK

From analysis to the latest developments in health,
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Kari Lake relishes "Big DeSantis Energy"

Far-right Arizona candidate honors Ron DeSantis' manly attributes — oh, and embraces his extremist agenda too

Salon

VinFast To Give Buyers $7,500 Discount If Federal Tax Credit Denied

VinFast buyers who are denied the tax credit even though they signed a binding contract with the automaker will automatically qualify for the $7,500 discount.

InsideEVs

Community health centers’ big profits raise questions about federal oversight

DARLINGTON, South Carolina — Just off the deserted town square, with its many boarded-up businesses, people lined up at the walk-up pharmacy window at Genesis Health Care, a federally funded clinic.

Tribune News Service

Commentary: Stop scapegoating the IRS

The ink is barely dry on the recently enacted Inflation Reduction Act, which allocates $80 billion over 10 years to help modernize IRS technology systems and provide more effective tax enforcement and collection. Yet already, Republican critics like Sen. John Thune of South Dakota are complaining that the needed funds…

Tribune News Service

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Congress prods IRS to fix tax-return backlog, improve customer service

WASHINGTON — U.S. lawmakers are pressing the IRS to explain how it plans to relieve a backlog of tax returns that have delayed refunds and to detail what measures it’s taking to improve customer service.

Tribune News Service

GOP 'message laundering' turns violent, extremist reactions to search of Trump's Mar-a-Lago into acceptable political talking points

After the FBI completed a lawful search of former president Donald Trump’s Mar-a-Lago estate on Aug. 8, 2022, conservative politicians responded with one of three strategies: silence, circumspection and attack.

The Conversation

"87,000 IRS agents," guns and the GOP

The latest GOP lie isn't just a distraction — it's feeding the violent fantasies of the insurrectionist right

Salon

Something Upon Which Americans Can Agree: The FBI and the IRS Suck

Tax collectors and federal cops have always been rotten to the core.

Reason

Some Capitol rioters try to profit from their Jan. 6 crimes

Some of the rioters who stormed the U.S. Capitol on Jan. 6, 2021, are trying to profit from their participation in the deadly insurrection while they face the legal consequences for their crimes

The Independent UK

The IRS just got $80 billion to beef up. A big goal? Going after rich tax dodgers

The big climate and health care bill passed by the House Friday includes billions in new funding for the IRS over the next decade. Most of that money is aimed at catching wealthy tax cheats.

WEKU

How Chris Christie created a monster

Former New Jersey governor may want distance from Trump now — but he was happy to be Trump's 2016 attack dog

Salon

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The Independent UK

Expanded IRS free-file system one step closer in Dems' bill

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system

Al Jazeera

US Congress passes spending bill in win for Biden administration

The bill has breathed life into the Democratic Party’s ambitions to retain control of Congress in upcoming elections.

Reason

Congress Just Passed the Inflation Reduction Act. It Will Hike Taxes on Some Middle-class Households.

It also spends billions on new green energy programs, and it lets the IRS hire 87,000 new agents.

The Independent UK

Elon Musk uses ‘laughing in British’ meme to mock Biden plan to hire more tax collectors

The Tesla and SpaceX tycoon echoed conspiratorial Republican attacks on Democrats’ efforts to tighten tax enforcement against the rich

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Reason

Don't Believe the White House's Promises About Who the New IRS Will Audit

Media "fact-checkers" are taking administration promises at face value and using them to bludgeon Republicans.

Roll Call

Budget bill clears as Democrats seek to head off midterm losses - Roll Call

The House on Friday cleared a climate, health and tax package salvaging key parts of Democrats’ domestic agenda.

The Independent UK

House Dems set to overcome GOP for climate, health care win

A flagship Democratic economic bill is perched on the edge of House passage

Chicago Sun-Times

New report reveals Obama Foundation fundraising dips; CEO Valerie Jarrett paid $592,905 in 2021

The Obama Foundation reported on its new IRS 990 that in 2021, the foundation collected $159.6 million, down from $171 million in 2020.

Al Jazeera

Biden team pushes to allay concerns about tax enforcement funds

US Treasury secretary directs IRS chief against using new resources to audit more households making less than $400,000.

The Philadelphia Inquirer

Editorial: In the Inflation Reduction Act, a much-needed step toward lowering prescription drug costs

It's become tiresome to see progressive politicians act like a pouting teenager who seems to think it's a sin to ever admit satisfaction with anything. Their lukewarm reaction to Senate passage of the admittedly ill-named Inflation Reduction Act won't help energize the voters Democrats need to avoid conservatives regaining Congress…

Reason

IRS Controversially Claims Hiring 87,000 New Agents Won't Mean Higher Audit Rate for the Middle Class

So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?

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