Many Americans swimming in high prices and deepening debts are turning to their income-tax refunds as a life jacket. Tax refunds are the biggest single payment some people receive all year; common ...

The tax collector pledged to do more audits of rich people and businesses under former President Joe Biden's administration - but for most others, the chances of an audit were already quite low. The ...

U.K. Prime Minister's Liz Truss's government in 2022 sparked a mini budget crisis that forced a pivot, and eventually left her out of a job. James Carville, a Democratic political adviser, years ago ...

Yet there still is the IRS's 2022 pledge not to use any Inflation Reduction Act money to increase audits on people making under $400,000, and the tax agency's challenges following the pledge. "We will ...