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"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."
March 23 -
The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."
March 10 -
The department detailed the tax provisions in the Biden administration's newly released budget plans for fiscal year 2024 on Thursday.
March 9 -
The West Virginia senator said the administration has "cherry picked" which of the new rules for electric vehicle tax breaks it wants to follow.
February 3 -
Senator Joe Manchin is pressing Treasury Secretary Janet Yellen to stand firm on North American-based manufacturing requirements for lucrative electric-vehicle tax credits.
December 14 -
A former acting commissioner during the Obama administration is being nominated to fill Charles Rettig's spot.
November 10 -
Treasury Secretary Janet Yellen picked the agency veteran, who has been deputy commissioner for services and enforcement since last year, to head the service.
October 28 -
Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric-vehicle tax credit.
October 25 -
Congressional Democrats are urging the Treasury Department to ignore appeals by lobbyists to weaken the 15% minimum levy on domestic corporations.
September 29 -
Treasury Secretary Janet Yellen unveiled some of the Biden administration's planned changes for the Internal Revenue Service.
September 15