President Donald Trump is committed to using every tool at his disposal to exact retribution on his political enemies, and now he has turned his attention to the Internal Revenue Service. The Wall ...
The Trump administration is reportedly considering making changes at the division of the IRS dedicated to conducting criminal investigations, The Wall Street Journal reported Wednesday, which could ...
The OBBB's impacts on tax planning in 2026 are taking shape, amplifying the need for financial advisers' expertise in ...
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 IRS recently filed notices of a federal tax lien against Republican Sen. Jim Justice of West Virginia — the latest example of ongoing financial troubles that have trailed the former governor, ...
The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...
As the federal government shutdown grinds on, most Internal Revenue Service operations are closed. With agency-wide furlough in place since Oct. 8 for everyone except already-identified excepted and ...
The Trump administration is preparing to make changes to the IRS that would allow the agency to launch criminal investigations of left-leaning groups, according to a report by The Wall Street Journal.
IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
(NEXSTAR) – An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned Tuesday. While most people filed earlier this year, returns are ...
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 ...
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, ...