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Government

Feeding the beast

The Biden administration wants to increase the Internal Revenue Service budget by $80 billion, claiming that would let America’s favorite federal agency hire more auditors to go after tax cheats and bring in an estimated $400 billion in extra revenue over the next decade.

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Renewing his vow

Gov. Phil Murphy delivered his second inaugural address on Jan. 18 with the state heading toward a third year of the COVID-19 pandemic and with business leaders and residents expressing frustration about the measures public health officials believe are necessary to end the crisis.

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Slip sliding away

The Biden administration’s determination to curtail or eliminate some valuable tax breaks, along with expiration dates baked into some provisions, has business owners worried.

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