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IRS has improved taxpayer services but is slow to resolve ID theft, an independent watchdog says
The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain identity theft cases,
IRS taxpayer services improve, but identity theft cases linger, watchdog says
The report, while highlighting positive strides made by the agency, also underscores areas that still require substantial attention and resources.
IRS must ramp up resources for identity-theft victims, says watchdog
The annual report by the agency’s national taxpayer advocate also flagged ongoing problems with the troubled Employee Retention Credit.
36m
on MSN
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.
10h
on MSN
Biden administration achieves fourth record-breaking ACA enrollment ahead of exit
The Biden administration has achieved a fourth consecutive record year in HealthCare.gov Marketplace enrollment, one week ...
5h
on MSN
The surprising climate commitments of Trump’s new ‘energy czar’
Former North Dakota governor Doug Burgum, an outspoken proponent of carbon capture, committed to making his state carbon ...
WHYY
5h
New federal clean energy rebates are in limbo for residents of Pa., Del., and N.J.
Federal funding is still pending for 21 states, as Biden’s term nears its end. The rebates can cover heat pumps, electric ...
E&E
10h
Treasury finalizes long-awaited tax rules for boosting renewables
The credits aim to drive deployment of zero-carbon power with funding linked to how much projects cut emissions rather than ...
1d
on MSN
Ludlow Solar Project gets $2.3 million from Inflation Reduction Act
The Massachusetts Municipal Wholesale Electric Co. received $2.3 million from a clean energy tax credit program included in ...
1d
Medicare caps seniors drug expenses: What you need to know
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.
6h
on MSN
Trump Spurs Wind Power Share Slump After Taking Aim at Windmills
Shares in some of Europe’s biggest wind power companies fell Wednesday after President-elect Donald Trump said he aimed to ...
8h
on MSN
Thune weighs Trump agenda challenge: Going big without overpromising
It will be up to Parliamentarian Elizabeth MacDonough to determine whether the provisions in their reconciliation bills can ...
Opinion
7h
Opinion
Opinion: Biden left us with a ‘Prius economy.’ It’s time for something different.
The problem with the Inflation Reduction Act was that it was an awkward compromise between neoliberal, market-based policy ...
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Related topics
Internal Revenue Service
Joe Biden
Donald Trump
Tax credit
United States
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