taxes

IRS gets $1B funding increase in draft FY 2023 bill from House appropriators

Committee Chairwoman Rosa DeLauro (D-Conn.) said the IRS budget outlined in the draft bill would help the agency “provide better customer service and crack…

Read more
FILE - This Jan. 28, 2021, file photo shows a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak is seen in San Antonio. President Joe Biden has proposed more than $3 trillion worth of revenue increases, primarily through higher taxes for corporations and the country's richest households as well as greater IRS enforcement that would target the wealthy. But key lawmakers voiced doubts this week about the size and possible impacts on the economy as congressional committees weighed the measures and a wide array of business groups sifted through the details to highlight what they oppose. (AP Photo/Eric Gay, File)

IRS plans to hire staff to tackle backlog faster, but struggles on competitive pay

Read more
(AP Photo/Desmond Boylan)FILE - In this Aug. 14, 2015, file photo, a U.S. flag flies at the U.S. embassy in Havana, Cuba. The United States is renewing calls for the Cuban government to determine the source of “attacks” on U.S. diplomats in Cuba that have affected some two dozen people. At a senior-level meeting with Cuban officials in Washington on June 14, 2018, the State Department said it had again raised the issue, which has prompted a significant reduction in staffing at the U.S. Embassy in Havana.(AP Photo/Desmond Boylan, File)

White House appoints leader of its response to mysterious ‘Havana Syndrome’

Read more
(AP Photo/Susan Walsh)FILE - This March 22, 2013 file photo, shows the exterior of the Internal Revenue Service building in Washington. The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown, nearly 60 percent of its workforce, to handle tax returns and pay out refunds. The employees won't be paid. (AP Photo/Susan Walsh, File)

IRS takes steps to avoid tax return processing delays as filing season starts

Read more
AP/Patrick Semanskyaudit rate

IRS gearing up for next filing season but still dealing with 6M tax return backlog

The agency will start accepting and processing 2021 tax returns on Jan. 24, more than two weeks earlier than when it started last year’s filing season.

Read more
FILE - In this Feb. 9, 2021, file photo provided by the Department of Defense, Hickam 15th Medical Group hosts the first COVID-19 mass vaccination on Joint Base Pearl Harbor-Hickam. Military service members must immediately begin to get the COVID-19 vaccine, Defense Secretary Lloyd Austin said in a memo Wednesday, Aug. 25, 2021, ordering service leaders to “impose ambitious timelines for implementation.” (U.S. Air Force Tech. Sgt. Anthony Nelson Jr./Department of Defense via AP)

Just how many vaccine exemptions has the military given out?

In today’s Federal Newscast, we get a look at just how many COVID-19 vaccine exemptions the military is allowing.

Read more
(AP Photo/J. David Ake)FILE - In this April 13, 2014 file photo, the Internal Revenue Service Headquarters (IRS) building is seen in Washington. More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group. That's according to the Institute on Taxation and Economic Policy, a group that believes the tax system needs to raise more revenue. (AP Photo/J. David Ake, File)

More resources for IRS won’t fix decade of problems ‘overnight’ — but it’s a start

By investing $80 billion in the IRS over the next decade, the White House expects the agency can collect an additional $700 billion over the same period of time.

Read more