Tax Policy Center

IRS

Business Taxes: TaxVox
In his American Families Plan, President Biden unveiled a tax compliance initiative aimed at closing the gap between taxes that are owed and what are...
May 3, 2021Steven M. Rosenthal
: TaxVox
I —among many others —have called for more money for the Internal Revenue Service to enable it to collect even more money owed to the...
May 3, 2021Janet Holtzblatt
Individual Taxes: TaxVox
IRS Commissioner Charles Rettig told the Senate Finance Committee on April 13 that the agency could begin delivering monthly 2021 Child Tax Credit (CTC) payments...
April 28, 2021Elaine MaagWilliam J. Congdon
Individual Taxes: TaxVox
The IRS struggles mightily to balance two goals: It desperately wants to encourage taxpayers to file their tax returns electronically rather than on paper. And...
April 26, 2021Howard Gleckman
Business Taxes: TaxVox
Change can be good, right? Maybe or maybe not. But if you are the Internal Revenue Service, “no change” audits never are good. And, for...
April 19, 2021Janet Holtzblatt
Business Taxes: TaxVox
Last week, a group of prominent academic and government economists published a study that estimated the top 1 percent of Americans hide more than 20...
April 5, 2021Steven M. Rosenthal
Individual Taxes: TaxVox
By including in the American Rescue Plan (ARP) a provision to exempt up to $10,200 of last year’s unemployment benefits from federal income tax, Congress...
March 30, 2021Janet Holtzblatt
Federal Budget and Economy: TaxVox
On his first day in office, President Biden signed an executive order acknowledging the toll of structural racism in the United States and initiating a...
March 22, 2021Tracy GordonAravind Boddupalli
Individual Taxes: TaxVox
President Biden, the House Ways & Means Committee, and Senator Mitt Romney (R-UT) agree: They want to increase child benefits to parents who work and...
February 17, 2021Elaine Maag
Individual Taxes: TaxVox
The plan to expand the Child Tax Credit (CTC) proposed yesterday by House Ways & Means Committee Democrats included an important new feature—the IRS would...
February 9, 2021Elaine MaagHoward Gleckman