News

Grover Norquist, the Americans for Tax Reform President, discussed the IRS targeting small businesses after securing $80 billion in the Inflation Reduction Act, arguing the agency is "massively ...
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 ...
Unfair Internal Revenue Service targeting extended beyond the Tea Party to small businesses, House Republicans say. On Friday, Small Business Committee Chairman Sam Graves (R-Mo.) sent a letter to ...
So, yet again, the secretary confirmed 90% of new audits under the Inflation Act would fall on small businesses and families earning less than $400,000. This is not where IRS should focus their ...
New IRS enforcement initiative targets restaurants, salons, and other cash-heavy operations as audit risk rises in 2025 ...
Hoffman said the IRS’ recent $80 billion funding and beefing up of 87,000 additional agents will "affect a lot of people" working for themselves or small businesses.
The IRS used National Small Business Week to tout President Biden's Inflation Reduction Act, which critics argue will allow the IRS to target small businesses for more tax money. National Small ...
The Internal Revenue Service reportedly is targeting tens of thousands of small businesses around the country, sending letters asking if they are underreporting revenue. The goal of the letters ...
Drake Plastic Products Inc. is challenging new IRS regulations targeting “abusive” microcaptive insurance arrangements, ...
The “random” audits of small businesses and their owners may not be so random after all. A new study suggests that small businesses may be targeted for a greater number of audits. Congressman ...
The IRS is an agency ripe for a thorough review with liberal career staffers, outdated systems, and a well-documented history of overreach targeting American taxpayers.