Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

A direct path to the IRS threatened a powerful player in tax prep. Now the project is gone. The Watchdog explains how—and why—it really ended.

The House approved two pieces of legislation to keep IRS agents from levying fines and penalties without supervisory approval, and to strengthen taxpayer rights in proceedings before the Tax Court.

The Internal Revenue Service, like other government agencies, is a target of thinning and deregulation under the Trump administration and the Department of Government Efficiency, formerly led by Elon ...

The threatened layoffs of Internal Revenue Service employees appeared to be underway Thursday, with estimates of between 6,000 and 7,000 employees being laid off at the agency in the middle of ...

The House Ways and Means Committee passed a set of bipartisan bills aimed at improving tax filing and administration at the Internal Revenue Service. Two of the bills, which were backed by the ...

A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season. Last week, the IRS laid off between 6,000 ...

The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.

IRS relaxes ‘no tax on tips law’ so more workers can take advantage. Here’s who will benefit - Treasure Department’s tax collector said it was providing temporary ‘transition relief’ to workers in cer ...

You may wonder if you need a certified public accountant (CPA), especially if you’re running a business or have complex finances. While not all accountants are CPAs, a CPA is an accountant who has ...

Basement boxes full of old bank statements and tax files look like clutter, but they can also be a legal and financial safety ...

The IRS issued guidance providing the depreciation limits for automobiles for 2016 and revised limits for 2015 reflecting the retroactive increase in the amount of bonus depreciation permitted under ...