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The 2022 IRS Crisis and What You Need to Know

The 2022 IRS Crisis and What You Need to Know

A chaotic tax filing season may be on the horizon. On Wednesday, in a detailed report given to Congress, the National Taxpayer Advocate indicated that this year’s tax season may face multiple issues. These include setbacks with processing returns and possible refund...
Sen. Elizabeth Warren Goes After Wealthy Tax Cheats

Sen. Elizabeth Warren Goes After Wealthy Tax Cheats

Massachusetts Democrat Senator Elizabeth Warren has proposed giving the Internal Revenue Service a mandatory yearly budget of $31.5 billion for the 2021 fiscal year. Previously, the agency’s budget was set at $11.9 billion, which they received from Congress for the...