Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

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

The IRS, saying it was acting “in the spirit of transparency and cooperation,” has handed over to groups suing it a pair of ...

The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown that's now surpassed the three-week mark. The IRS posted an update ...

(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 IRS walked back previous guidance indicating furloughed employees would receive back pay during the government shutdown Thursday, writing that an agency under the president would provide further ...

Nearly half of the Internal Revenue Service’s employees were placed on furlough this week as the federal government shutdown has now extended into its second week. According to a memorandum sent to ...

The ongoing government shutdown stems from a lapse in appropriations, with political gridlock at the Capitol. Despite multiple voting rounds, both Republican and Democrat funding proposals failed.

The Internal Revenue Service will furlough nearly half its staff this week as the government shutdown drags on with no end in sight. The IRS is already operating at a reduced workforce, which fell ...

The government shutdown and IRS furloughs have everyone wondering if it will affect the October tax extension deadline for those who requested one on their 2024 taxes back in April. Here's what to ...

WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...