Despite claims from Biden administration officials that new funding for the Internal Revenue Service (IRS) will not increase the auditing burden on individuals and small businesses, a Friday letter from the Congressional Budget Office (CBO) reveals new auditing activity targeting taxpayers who report less than $400,000 per year will be expected to contribute to about $4 billion in revenue.
As pandemic eviction moratoriums expire and rent payment relief programs end across the U.S., a rental crisis is beginning to crest.
About 8.5 million people...
FDA expected to authorize new COVID-19 booster shots this week. The booster shots will be released months before trials on humans are completed, according to a new report.
The United States will suspend 26 China-bound flights in September in response to the Chinese Communist Party’s (CCP) decision to suspend some U.S. carrier...
Staffing shortages and ongoing pandemic restrictions have kept volunteers out—and left the incarcerated craving the kind of spiritual support they had before.
The Internal Revenue Service will establish a centralized office to implement elements of the tax and spending bill that President Joe Biden signed last week, including almost 87,000 new IRS agents, the agency’s chief says.
Analysts at Bernstein Research are equating social media video app TikTok with drug addiction, warning about a “digital crack epidemic” as competition heats up in the sector.