The IRS is sending about 1 million eligible American taxpayers a payment this month for the pandemic-era Recovery Rebate ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible ...
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Treasury and the IRS on Friday proposed regulations to update the rules that govern practice before the IRS. These rules are contained in Treasury Circular 230, Regulations Governing Practice Before ...
With just a few business days left in 2024, some Iowans may be scrambling to shore up their tax picture before the year is out and there’s plenty of advice on the internet, though much of it is bad.
The former representative from Missouri, who once pushed to abolish the IRS, has marketed himself as a certified tax and ...
Like other federal agencies, the IRS has come to the attention of Elon Musk. He is polling X users about IRS funding. This comes as congressional Republicans are trying to shave $20 billion from the ...
During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion from the Internal Revenue Service. Republicans have long targeted the tax agency, and their cuts ...
The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.