News

The CBI has filed an FIR against IRS officer Jeevan Lal Lavidiya, Commissioner of Income Tax (Exemptions) in Hyderabad, for ...
More Americans are tapping into their 401(k) to make ends meet — treating it more like an emergency fund than a retirement ...
The White House’s war on Harvard will test the guardrails that Congress put in place after Watergate.
President Trump is looking to use the IRS to achieve some of his political goals. Some experts see parallels with Nixon's ...
The Internal Revenue Service (IRS) has plans to take advantage of the "AI boom" to fill glaring workforce gaps, following the layoff of thousands of tax agents.
A dip in IRS workforce numbers, even after filing season, will impact taxpayers who have errors on their returns or need to ...
The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government ...
Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, ...
Overall, the IRS reported a 0.9% rise in the number of tax returns received from a year ago to more than 142.5 million. The ...
U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...
Trump’s invocation of “public interest” was a sly nod at an earlier showdown between the IRS and a university. In 1983, the Supreme Court ruled in a lopsided margin of 8-to-1 to uphold an ...
No one wants to be audited by the IRS. And, in fact, very few US taxpayers have been in recent years. Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of ...