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BUSINESS

Forbes: Biden's rhetoric is reminiscent of Herbert Hoover during the Great Depression – Fox Business

Forbes: Biden’s rhetoric is reminiscent of Herbert Hoover during the Great Depression  Fox Business Biden Ties Republicans To Future Inflation  MSNBC Kudlow: Democrats ‘should’ve just left’ the Trump economy alone  Fox Business Retail expert signals this is ‘the worst’ recession since the 1970s  Fox Business Biden is ‘throwing us into a recession’: Steve Forbes  Fox Business View Full Coverage on […]

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ENTERTAINMENT

Rihanna To Perform At Super Bowl & GOP Candidate J.R. Majewski Lies About Service | The Daily Show – The Daily Show with Trevor Noah

Rihanna To Perform At Super Bowl & GOP Candidate J.R. Majewski Lies About Service | The Daily Show  The Daily Show with Trevor Noah Trump and Biden Tie in New Polls, Rihanna’s Big Super Bowl News | The Tonight Show  The Tonight Show Starring Jimmy Fallon View Full Coverage on Google News

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Latest-News

IRS orders massive security review amid surge in threats

The Internal Revenue Service is undertaking its biggest security review in more than 25 years, blaming an alarming rise in threats and “misinformation” over its approved massive hiring spree. “We are conducting a comprehensive review of existing safety and security measures,” IRS Commissioner Chuck Rettig said in a memo to his 78,600 employees on Tuesday.  […]

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WORLD

The Middle Class Won’t Escape the New IRS Audit Wave

Photo: Patrick Semansky/Associated Press Democrats spent last week swearing that only high earners would be squeezed under their plan to beef up the Internal Revenue Service. It took only a few days for the Congressional Budget Office to put that narrative to rest. A quick analysis from the budget scorer confirms that the audit expansion […]

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WORLD

GOP rails against IRS funding in Inflation Reduction Act

Republican lawmakers are fuming about the large boost in funding for the IRS included in the $400 billion tax, health care and climate package passed by Democrats in the Senate over the weekend.   The bill provides nearly $80 billion to strengthen the IRS, more than half of which will go specifically to increased enforcement efforts […]

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Latest-News

87K new agents won’t target middle-income Americans

The head of the Internal Revenue Service said that the tax collecting agency will “absolutely not” use $80 billion in new funding to step up audits of low- and middle-income Americans. IRS Commissioner Charles Rettig tried to reassure the US Senate in a recent letter about the 87,000 new agents who will be hired as […]

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WORLD

Why IRS’ $80B expansion is a ‘nightmare’ for small business

Small business owners may soon be in for a lengthy and expensive battle with the IRS, tax experts warn. A key provision in the Inflation Reduction Act — which throws an extra $80 billion to the IRS to improve the agency’s collection of under-reported income — will end up targeting small business owners to pay […]

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