IRS Increases Penalty for Tax Underpayments to Eight Percent
Americans who fail to keep up with their tax payments may soon feel a sting in the pocketbook, thanks to the Internal Revenue Service (IRS).

Americans who fail to keep up with their tax payments may soon feel a sting in the pocketbook, thanks to the Internal Revenue Service (IRS).
Sen. Joni Ernst (R-IA) put forward legislation Tuesday to block the Internal Revenue Service (IRS) from using taxpayer funds to buy guns and ammunition and to take away the guns currently held by the IRS before they can used against the American people.
An Internal Revenue Service (IRS) job posting shows the tax collection agency is hiring armed agents to work in all 50 states.
Biden’s expanded IRS is about to flood Americans with 1099 forms for basic transactions over $600 that they didn’t know they had to pay tax on.
Most Americans agree that Congress should repeal funding for new IRS agents, a Rasmussen Reports survey released Tuesday found.
The Internal Revenue Service (IRS) is targeting low-wage working-class Americans, as well as those in the middle class, with audits while earners making a million or more annually are reviewed at a lower rate, a report detailing federal data reveals.
Pennsylvania Lt. Gov. John Fetterman (D) says he “certainly would have voted” for President Joe Biden’s Inflation Reduction Act set to squeeze $20 billion from working and middle class households with new Internal Revenue Service (IRS) audits.
Breitbart News Editor-in-Chief Alex Marlow announced Monday that he filed a formal Internal Revenue Service (IRS) complaint against the George Soros-backed Good Information Foundation for allegedly attempting to tamper with the 2022 midterm elections.
Sen. Joni Ernst called for an audit of the IRS while referencing a report finding 1,250 agency employees failed to comply with tax rules.
A former lawyer for the Internal Revenue Service (IRS), who accused the agency of going after elderly Americans, says President Joe Biden’s “Inflation Reduction Act” will undoubtedly target working and middle class Americans with new IRS audits.
While signing the “Inflation Reduction Act” into law on Tuesday, President Joe Biden said no Americans “earning less than $400,000 a year will pay a penny more in federal taxes” as a result of billions to drastically boost Internal Revenue Service (IRS) audits.
The Democrats’ “Inflation Reduction Act” is set to squeeze $20 billion from working and middle class Americans with new funding for increased Internal Revenue Service (IRS) audits, the Congressional Budget Office (CBO) estimates.
Voters say federal bureaucracies are too large and only concerned with their own political interests, a Convention of States Action/Trafalgar Group survey released prior to the Senate’s passage of the $700 billion “Inflation Reduction” bill — which devotes billions to hire a fleet of new Internal Revenue Service (IRS) agents to target middle class Americans — found.
Senate Democrats, on a party-line vote, rejected an amendment to their “Inflation Reduction Act” that would ban Internal Revenue Service (IRS) funds from being used to go after working and middle-class Americans with audits and tax hikes.
Reps. Jim Jordan (R-OH) and James Comer (R-KY) on Monday decried President Joe Biden’s “unlawful” $45 billion scheme to expand Obamacare.
Black Lives Matter leadership allegedly purchased a $6 million luxury mansion with cash in Southern California using donation money, according to a report from New York Magazine.
The IRS will begin requiring taxpayers to use facial recognition to check their account online or get a transcript online.
The Moline-Coal Valley School District defended its decision to allow an “After School Satan Club” for children in grades one through five.
President Joe Biden and Democrats are hoping to squeeze an extra $200 billion in tax revenue out of American taxpayers by mostly targeting working and middle class households with Internal Revenue Service (IRS) audits.
The White House on Tuesday questioned the accuracy of the Congressional Budget Office ahead of a looming ruling on the House version of President Joe Biden’s Build Back Better bill.
President Joe Biden’s $1.75 trillion Build Back Better Act supersizes IRS audit enforcement by $78 billion.
House Republican Leader Kevin McCarthy (R-CA) and other House Republicans said Thursday that President Joe Biden wants to “weaponize” the Internal Revenue Service (IRS) against the American people.
Democrat plans to surveil bank accounts with the IRS resemble China’s “social credit score” system, Rep. Drew Ferguson (R-GA) said.
Sen. Cynthia Lummis (R-WY) and Rep. Ashley Hinson (R-IA) told Breitbart News in an exclusive statement Tuesday that they will continue to fight President Joe Biden’s proposal to spy on Americans’ financial statements.
Democrats scaled back Tuesday their proposal to surveil Americans’ transactions over $600 after Republicans revolted against the proposal.
Rep. Jim Banks (R-IN) said Friday a government report suggested that President Joe Biden avoided paying payroll taxes. Biden’s $3.5 trillion infrastructure bill would raise taxes on Americans making over $50,000 per year.
Senate Republicans, Senate Democrats, and President Joe Biden’s inclusion of a $30 billion cryptocurrency tax could offshore American jobs and threaten American liberties, Republican lawmakers and industry leaders told Breitbart News exclusively.
The White House on Monday reminded Americans that families would start receiving direct cash payments in their bank accounts starting in July, as President Joe Biden continues to implement his coronavirus rescue package.
President Joe Biden used his first address before a joint session of Congress Wednesday evening to talk about the “American Families Plan” for low- and middle-income families.
Americans struggling to survive on federal benefits have waited weeks for word on their share of the $1.9 trillion stimulus.
The Women’s March enjoys nonprofit status with the IRS as a 501(c)(4) “social welfare organization” while it campaigns against Donald Trump.
The Internal Revenue Service (IRS) is asking state officials to claw back hundreds of millions of dollars in coronavirus stimulus payments from inmates after the federal tax agency says the payments were sent in error.
The Treasury Department and Internal Revenue Service announced Friday that it would release an online tool for people to track their stimulus checks.
Treasury Secretary Steven Mnuchin announced on Friday that the Internal Revenue Services (IRS) has extended its tax-filing deadline by three months to July 15 during the coronavirus outbreak.
Senator Josh Hawley (R-MO) called for Congress to pass additional targeted relief to families in the wake of the coronavirus outbreak during an appearance Tuesday on Fox News Channel’s “Fox & Friends.”
A former Internal Revenue Service (IRS) employee was sentenced Friday to 32 months in prison for tax evasion.
Donald Trump must block American pension funds investing in “companies linked to the Chinese Communist Party,” said Frank Gaffney.
Rep. Buddy Carter (R-GA) told Breitbart News in an exclusive interview Thursday that he will reintroduce his legislation to prevent illegal immigrants from stealing Americans’ Social Security numbers, to protect citizens’ privacy, and to deter illegal immigration.
“Once this Pandora’s box is opened, the ensuing tit-for-tat will do lasting damage to our nation,” the president’s lawyer said
Democrats looking to score points against President Trump this week focused attention on data from the government that showed refund checks going out to early filers were smaller than they were a year ago.