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Negotiators are nearing a bipartisan deal in time for many voters to receive the benefits during the current election year.
January 11 -
A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.
November 30 -
Close to a thousand taxpayers who earn over $1 million a year failed to file tax returns over multiple recent years, potentially owing $34 billion in taxes, according to IRS data.
September 28 -
The Senate Finance Committee is questioning whether the sum from Leon Black amounted to gifts for which the private equity leader owes taxes.
July 25 -
A pair of senators are reintroducing bipartisan legislation to eliminate gender-specific spousal references in the Tax Code and protect LGBTQ+ Americans from discrimination.
June 28 -
Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.
May 15 -
The Finance Committee found that the TCJA enabled some of the biggest to lower their tax bills by shifting profits abroad.
May 12 -
Texas billionaire Harlan Crow declined to detail the extent and tax treatment of luxury gifts he provided to Clarence Thomas.
May 10 -
The Swiss bank continues to help rich Americans hide assets from the IRS nearly a decade after a unit pleaded guilty to tax-evasion conspiracy, the Senate Finance Committee said.
March 29 -
The committee approved the nomination of Daniel Werfel as the next head of the service by a 17-9 vote.
March 2