2 days ago| Funding
The loss of 25 percent of the IRS workforce and recent spending cuts could impact the 2026 tax filing season, according to the Treasury Inspector General for Tax Administration (TIGTA).
Tags: IRS
October 12, 2021
Legislation
The House on Tuesday evening approved a short-term increase in the nation’s debt ceiling, allowing the government to pay its bills until at least early December. The legislation now goes to President Biden, who is expected to sign it.
Tags: Funding
October 7, 2021
Senate leaders on Thursday announced a bipartisan agreement to temporarily increase the nation’s debt limit and the Senate has approved the legislation. The deal now heads to the House where it is expected to be approved before the Oct. 18 deadline.