The IRS must exercise caution when spending its new cash reserves.

The IRS must exercise caution when spending its new cash reserves.

The Internal Revenue Service finds itself in an unusual financial situation. Persistent operational issues at the IRS, as well as contentious enforcement provisions in the recently passed Inflation Reduction Act, put the IRS under the microscope and in the crosshairs of America’s fractious politics. To avoid serious harm to tax administration and diminished trust in … Read more