The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in ...

This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

Every year, the Internal Revenue Service (IRS) will make cost-of-living adjustments to American retirement plans, with the ...

The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the ...

During the height of the pandemic, then-President Donald Trump issued two stimulus checks to support a country suffering from ...

US prosecutors charged Roger Ver with evading more than $48 million in taxes for selling $240 million in tokens and with ...

The Internal Revenue Service is warning taxpayers to approach holiday shopping with extra caution as scammers look to check ...

For example, if you suffered $78,000 in damages but received $48,000 from your insurer, only the uncovered $30,000 can be considered. You’ll also owe the IRS a share, depending on whether your losses ...

The tax service is giving out $53 million to organizations helping the elderly and underserved communities with tax preparation.

The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations allowing tax-exempt entities that are partners ...

Extending the individual and estate provisions from the Tax Cuts and Jobs Act (TCJA) expiring at the end of next year without offsets would add $3.9 trillion ($4.5 trillion with interest) to defici ...