By John Solomon The Justice Department removed an IRS whistleblower and his entire team from the criminal investigation of Hunter Biden’s taxes in what his lawyers described to Congress on Monday…
Opinion by Glenn H. Reynolds Sorry, hipsters. A recent tweet says it all. “Sam Bankman-Fried: I don’t know where $10 billion went. The Pentagon: We don’t know where $2.2 trillion went. The IRS:…
By Zachary Stieber Republicans will immediately move to reverse the Biden administration’s hiring of 87,000 IRS agents if they flip the House of Representatives in the upcoming midterm elections, the top…
By Joel Griffith The nation’s top tax man offers us shallow reassurance that 87,000 new Internal Revenue Service agents will refrain from targeting middle-class families and small businesses for audits. Last…
By Glenn Kessler We have long found that complex tax and budget issues are ripe for spin that confuses ordinary readers. Crapo’s comment above is illustrative of a GOP onslaught…
By Doug Badger The Biden administration is unlawfully trying to expand Obamacare. The Internal Revenue Service has published a proposed regulation that would make an additional 5 million people eligible for premium subsidies. The…
By Tom Ozimek The Biden administration has made a record tax haul so far this fiscal year partly on the strength of the meme stock mania and surging corporate profits,…
By Richard Rubin, Andrew Duehren WASHINGTON—President Biden will propose a new minimum tax on households worth more than $100 million as part of his annual budget, the White House said…
by Luke Gentile, Sen. Bill Hagerty, a Tennessee Republican, introduced the Stop the Nosy Obsession with Online Payments Act on Tuesday to eliminate a tax code provision in President Joe Biden’s American Rescue Plan that would mandate…
By Leah Barkoukis Treasury Secretary Janet Yellen defended the Biden administration’s plan to have banks report accounts to the IRS with $600 or more, claiming it’s meant to target the…
By Kate Kelly and Alan Rappeport When the Biden administration looked for ways to pay for the president’s expansive social policy bill, it proposed raising revenue by cracking down on…
