Biden calls British Prime Minister Liz Truss’ tax cut plan a “mistake”
“I wasn’t the only one that thought it was a mistake. I disagree with the policy, but that’s up to Great Britain.” President Biden on Saturday called embattled British Prime…
IRS to refund 1.6 million people who missed tax filing deadlines during the pandemic
The Internal Revenue Service is sending refunds to more than a million Americans who filed their taxes late in the early days of the COVID-19 pandemic. Typically, taxpayers who file…
The IRS wants to spend billions on “enforcement.” Here’s who is most likely to get audited.
One of the most gut-tightening phrases for taxpayers is “IRS audit,” but years of underfunding and a decline in staffing at the tax agency have pushed the audit rate to…