Pundits thought Nikki Haley, Ron DeSantis and Tim Scott delivered sharp performances, though they did not damage the front-runner, Donald Trump.
Author: Alan Rappeport
U.S. National Debt Tops $33 Trillion for First Time
The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming.
I.R.S. Changes Audit Practice That Discriminated Against Black Taxpayers
The agency will overhaul how it scrutinizes returns that claim the earned-income tax credit, which is aimed at alleviating poverty.
I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears
The tax agency is ramping up audits and criminal investigations into unscrupulous promoters of the Employee Retention Credit.
Senate Committee Backs Bill to Deepen U.S. Economic Ties With Taiwan
Legislation to end double taxation between Taiwan and the United States is intended to spur semiconductor investment but is likely to rankle U.S. relations with China.
Wally Adeyemo, the Deputy Treasury Secretary, to Visit Nigeria
Wally Adeyemo, the highest-ranking member of the African diaspora in the Biden administration, emigrated from Nigeria to the United States as a child.
I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships
The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.
Republicans’ Debate Clashes Highlight Party’s Policy Splits
At the first presidential debate for the 2024 race, the rivals were divided over issues including Ukraine, abortion and the economy.
Could U.S. Toughness on Chinese Business Have Unintended Consequences?
Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have unintended consequences.
I.R.S. Says Cash Influx Has Made Agency Bigger and More Digital
An $80 billion infusion has helped improve customer service, but the tax agency continues to face uncertainty over future funding.