Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

The Internal Revenue Service issued new guidance that Treasury Secretary Scott Bessent said offers a "clear path" to stake digital assets for trusts.

The administration has gutted enforcement of a corporate tax enacted as part of the Biden-era Inflation Reducation Act.

In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden.

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...

The IRS comes for us all, but they especially put the hammer down on 6ix9ine. The New York rapper joined streamer Deshhae Frost and opened up about the massive debt he’s in. “Damn, all my tax-paying ...

This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...

The Treasury and the Internal Revenue Service have provided transitional guidance for businesses required to report car loan interest under the recent tax reform law. Notice 2025-57 provides penalty ...

Lenders won't face penalties if they don't give the Internal Revenue Service detailed information about which borrowers qualify for a tax breaks on auto-loan interest, the tax agency said Tuesday.

The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...

The U.S. Senate on Monday passed the Internal Revenue Service Math and Taxpayer Help Act, H.R. 998, which, among other changes, requires the IRS to provide taxpayers ...

Inflation refund checks and Anchor rebate checks are on the way for some Americans, as others are waiting on a tariff rebate update, IRS tax refund or another stimulus check in 2025. Here's what to ...