Richard Rubin

The Wall Street Journal

IRS Plan to Spend $80 Billion Includes Real-Time Tax Alerts, Audits of Wealthy People

By: Richard Rubin

The tax agency promises digital improvements but no audit-rate increase for most households.

The Wall Street Journal

Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected

By: Richard Rubin

The trend could undermine a claim by the Biden administration that the climate law reduces deficits.

The Wall Street Journal

Republicans Effectively Voted to Raise Taxes. They’re Fine With That.

By: Richard Rubin

House Republicans advanced a repeal of clean-energy tax credits without offsetting tax cuts—even though most have signed a no-tax-hike pledge.

The Wall Street Journal

U.S. Risks Breaching Debt Ceiling in First Two Weeks of June, CBO Says

By: Richard Rubin

The government faces a significant risk that it will be unable to pay all of its bills in the first two weeks of June unless the debt ceiling is increased, the Congressional Budget Office said.

The Wall Street Journal

Plunging Tax Revenue Accelerates Debt-Ceiling Deadline

By: Richard Rubin

The pandemic led first to a boom, and now a bust, in tax collections.

The Wall Street Journal

IRS Weighs Creating a Government-Run Tax-Prep Option

By: Richard Rubin

Companies such as TurboTax are leaning on lawmakers to fight a change.

The Wall Street Journal

IRS Will Offer Free Online Tax Prep for Some Taxpayers in 2024

By: Richard Rubin

The agency will conduct a limited test before deciding whether to build a competitor to companies such as TurboTax.

The Wall Street Journal

The Pandemic-Era Tax Break Keeping the IRS Up at Night

By: Richard Rubin, Ruth Simon

Employers have received more than $150 billion and the IRS is struggling to process another 800,000 claims for the employee-retention tax credit.

The Wall Street Journal

Debt-Ceiling Deal Will Cost the IRS Up to $21.4 Billion

By: Richard Rubin

The Internal Revenue Service will lose up to $21.4 billion from its $80 billion expansion fund as part of the bipartisan debt-limit deal.

The Wall Street Journal

With Debt-Ceiling Deal Done, House GOP Looks to Cut Taxes

By: Richard Rubin

Republicans hope to revive expired business tax breaks in a bill they could introduce this month.