The Treasury Department and Department of Homeland Security (DHS) have reportedly signed a partnership that will help Immigration and Customs Enforcement (ICE) agents more easily locate millions of illegal aliens living in the United States.
Read More: Breitbart
North Carolina Congressman Mark Harris is leading a push to protect pastors who make political statements from being punished by the IRS.
Read More: Daily Wire
Commerce Secretary Howard Lutnick said this week that President Donald Trump’s goal is to significantly cut taxes across the board, and completely eliminate the federal income tax on Americans making under $150,000 annually — which could impact 93% of Americans.
Read More: Daily Wire
The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the proposed rule and guidance announced Monday includes plans to essentially stop “partnership basis shifting” — a process by which a business or person can move assets among a series of related parties to avoid paying taxes.
Read More: Breitbart
The IRS is charging eight percent interest when it comes to estimated tax underpayments, two years ago it was three percent, and “the increase is one of the many effects of rising interest rates,”.
Read More: Breitbart
Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.
Read More: Newsmax
The GOP-led House is trying to set a fiscally responsible example starting with its plan to offset $14.3 billion in aid for Israel by slashing the same amount of funds meant for the Internal Revenue Service (IRS), according to Speaker Mike Johnson (R-LA).
Read More: Daily Wire
The Internal Revenue Service (IRS) estimates that the gross tax gap amounts to at least $688 billion, resulting from Americans’ non-filing, underpaying, and underreporting of their taxes.
IRS Commissioner Danny Werfel said, “With the help of Inflation Reduction Act funding, we are adding focus and resources to areas of compliance concern, including high-income and high-wealth individuals, partnerships and corporations”.
Read More: Daily Wire
An IRS whistleblower told CBS News that while helping to oversee the five-year probe of Hunter Biden he repeatedly was stopped from taking steps that would have been considered routine in other cases.
Read More: Newsmax
The IRS removed the entire team of investigators in the Hunter Biden tax evasion probe, according to the Washington Examiner.
The Examiner attributed the information to a letter written by two attorneys for an IRS special agent they represent.
Read More: Newsmax
An Internal Revenue Service (IRS) job posting shows the tax collection agency is hiring armed agents to work in states across the country.
Read More: Breitbart
Matt Taibbi, an independent journalist who reported on collusion between government agencies and former executives of Twitter, was visited by an IRS official on the same day he testified before Congress about the weaponization of the federal government.
Read More: Daily Wire
The Republican-led United States House of Representatives voted to repeal the billions Democrats desired to spend on an army of IRS agents, as House Speaker Rep. Kevin McCarthy (R-CA) identified the action as the “very first act of the new Congress.”
Read More: Breitbart
The House Ways and Means Committee on Friday released a partially redacted version of former President Donald Trump’s tax returns, completing a longtime objective of Democrats to make Trump’s finances public after the former president unsuccessfully tried to stop them in court.
Read More: Fox News