Similar Stories to The Democrats' Big Climate And Tax Bill Could Bring An Extra Benefit — Making Your Tax Refund Come On Time on Bing News

Fencing and Caution tape at the Internal Revenue Service (IRS) building in Washington, DC, on January 19, 2022.STEFANI REYNOLDS/AFP via Getty Images The new spending bill from Senate Democrats will funnel nearly $80 billion to the IRS over the next decade. The agency has been understaffed and underfunded, and backed up with unprocessed tax returns. The new funding could ease that and amp up tax audits on wealthy Americans and corporations. For years, the IRS has been sagging under the weight of underfunding, understaffing, and literal mountains of paper.

BING NEWS:
  • California bill would tax Big Tech to create tax credit for news organizations
    Glazer is the author of SB 1327, which would create a tax credit for state media outlets by taxing the internet advertising revenues of companies like Meta and Google. Hector Amezcua ...
    05/2/2024 - 10:25 am | View Link
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