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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…

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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

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(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’

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(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

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AP/Patrick Semanskyaudit rate

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

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(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…

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(AP Photo/Keith Srakocic)1040 and instructions

Taxes can trip up a Treasury secretary too!

Filing your taxes is never a fun experience, but it’s critical that you do it, and do it accurately. We have you covered with advice from estate and tax…

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(AP Photo/J. David Ake)FILE - This April 13, 2014 file photo shows the headquarters of the Internal Revenue Service (IRS) in Washington. The agency said Wednesday, Feb. 19, 2020, that it is stepping up its efforts to visit high-income taxpayers who failed in prior years to file their tax returns on time. (AP Photo/J. David Ake, File)

Required minimum distributions: The IRS and your TSP

Federal Report

This year’s new twist income tax nightmare comes courtesy of a global pandemic. Frustrated folks are dealing with outcomes of the CARES Act and how it impacts their 401k plan.

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