During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion from the Internal Revenue Service. Republicans have long targeted the tax agency, and their cuts ...

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

Extra money for tax compliance, with a goal of carrying out more audits of high-earning households and big businesses, has been the subject of a back-and-forth among lawmakers since 2022, when the IRS ...

For a brief moment, the IRS had the full breadth of resources it needed to investigate wealthy tax cheats, courtesy of President Joe Biden’s Inflation Reduction Act. Now, most of this funding, ...

THE PHILIPPINES’ monetary policy may need to be calibrated to integrate increasingly drastic supply shocks, the International Monetary Fund (IMF) said. “Looking ahead, monetary policy may need to ...

The Internal Revenue Service (IRS) will send out a total of $2.4 billion in "special payments" to 1 million people who did ...

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...

The General Assembly created so-called “Tier 2” pensions in 2010 in hopes of avoiding long-term liabilities, but the benefits ...

Inflation has been on many people's minds lately, especially when you go to the grocery store for a few items and leave with a sky-high amount on your receipt. Thankfully, there may be a potential ...