Larry Kudlow calls for 'urgent and immediate' investigation into IRS leaks
Fox Business host Larry Kudlow host reacted Wednesday to leaked tax records of wealthy Americans to ProPublica, calling for an “immediate” investigation on "Kudlow."
IRS wants Congress to help collect cryptocurrency tax information
IRS Commissioner Charles Rettig on Tuesday told lawmakers that the tax agency needs broader authority to collect information on digital currency transactions in order to ensure people report and pay what they owe.
Market is ‘ready’ for Fed tapering: El-Erian
Queens College Cambridge President Mohamed El-Erian on Treasury Secretary Janet Yellen's comments about the impact of higher interest rates.
El-Erian on Treasury Secretary Yellen's comments on Fed, inflation fears
Queens College Cambridge President Mohamed El-Erian discusses inflation, worker wages and Treasury Secretary Janet Yellen's comments on interest rates.
Unemployment tax refunds start landing in Americans' bank accounts
Millions of Americans who collected unemployment benefits last year and paid taxes on that money are in line to receive a federal refund from the IRS this week.
IRS retrieves just a fraction of payments sent to ineligible recipients, including some who are dead
The IRS was able to collect a portion of the economic impact payments it sent to ineligible American households, new data shows.
Yellen pitches $13B budget increase for IRS as White House looks to crack down on tax cheats
Treasury Secretary Janet Yellen on Thursday asked Congress to approve an additional $13.2 billion in funding for the IRS, which has seen its budget gutted over the past decade.
Elizabeth Warren proposes boosting IRS funding by $31.5B to crack down on 'wealthy tax cheats'
Sen. Elizabeth Warren unveiled a proposal on Monday to nearly triple the budget of the Internal Revenue Service in order to crack down on wealthy Americans who are dodging their taxes.
China roils Bitcoin, cryptos again
China poked bitcoin and the cryptocurrency market for a second time this week.
Biden's tax enforcement plan causes 'Big Brother' concerns: Kudlow
FOX Business' Larry Kudlow argues Biden's proposed tax enforcement, which gives the IRS ability to go directly into bank accounts, signals Big Brother concerns.
If Democrats are willing to settle on infrastructure bill, we’ll work with them: McConnell
Senate Minority Leader Mitch McConnell provides insight into the White House and Senate Republicans on the proposed $2.3 trillion infrastructure plan.
Biden proposed tax enforcement to double the size of the IRS
Americans for Tax Reform president Grover Norquist discusses consequences to Biden's proposed expansion of the IRS' funding and reporting requirements.
Biden administration proposal would expand IRS' power
National Taxpayers Union EVP Brandon Arnold explains the plan: 'gives the IRS unprecedentedly large army to harass taxpayers'
Larry Kudlow: Uncle Sam wants access to your bank account without permission
"Kudlow" host Larry Kudlow called out the Biden administration's new tax enforcement plan targeting banks and cryptocurrency exchanges to provide the government with more information about what's flowing in and out of your bank account.
What does the expanded child tax credit mean for you and your family?
Parents can look forward to some extra cash beginning on July 15, when the IRS starts issuing an expanded child tax credit to millions of families.
Treasury targets wealthy tax cheats with enforcement plan that could raise $700B
The Biden administration on Thursday unveiled a detailed plan laying out a new “tax compliance agenda” designed to beef up IRS enforcement and crack down on wealthy tax cheats
IRS says cryptocurrency transfers over $10K will need to be reported
The IRS wants its cut of the red-hot cryptocurrency market and has proposed rules to ferret out those benefiting from tax evasion.
IRS can seize unemployment tax refunds for unpaid debts
The IRS began issuing refunds this week to Americans who overpaid taxes on unemployment benefits collected last year – but some individuals could have their checks seized to offset unpaid debts.
Hiking corporate tax rate makes US 'completely uncompetitive' with China, Europe: Norquist
Americans for Tax Reform President Grover Norquist pushes back on Treasury Secretary Janet Yellen's 'bizarre' argument for raising corporate and capital gains tax rates.
Corporate tax hikes would damage businesses, make US less competitive: Norquist
Americans for Tax Reform President Grover Norquist pushes back on Treasury Secretary Janet Yellen's 'bizarre' argument for raising corporate and capital gains tax rates.