By 2027, the U.S. Internal Revenue Service will need to add another 10,000 workers to its current 90,000 to reach its goals in modernizing systems, providing higher-quality services to taxpayers, and spotting and pursuing tax cheats and dodgers, IRS commissioner Danny Werfel told an 18 March press briefing.
Inflated prices, emptied savings accounts, and high credit card debt seem to be continuing to persuade U.S. shoppers to curb their free-spending ways.
The U.S. equity markets are on a tear, racking up one of the strongest first quarters in 75 years, and The Street is betting that they will keep going higher.
In February, 9.5 percent more U.S. homes sold than in January, the National Association of Realtors (NAR) reported. Although sales were down 3.3 percent year on year, February this year marked the largest monthly jump since February 2023.