Less than a month after packing up his belongings and relocating to from Texas to Des Moines for work, Ali Syed was terminated from his position as a collection representative at the Internal Revenue ...

Effective Sept. 30, 2025, the executive order directs the Treasury Department, which includes the IRS, to stop issuing paper ...

Elon Musk's charity, the Musk Foundation, has failed to meet IRS mandates to stay as a non-profit for the third consecutive ...

Wall Street strategists expect last year’s financial market gains to fuel a robust tax season for the US government, ...

The IRS is holding over $1 billion in unclaimed 2021 tax refunds. The deadline to submit your return is fast approaching.

Proposed staffing cuts affect the agency’s compliance and enforcement abilities, including complex audits of wealthy ...

It is a history-making alliance between the immigration agency known as "ICE" and the tax collection agency called IRS.

For example, some taxpayers opt to ignore IRS notices completely, hoping the problem will somehow disappear. Others rush to ...

If a business cancels some or all of a debt you legitimately owe, you may have to pay income tax on the forgiven sum. Here’s when a forgiven debt can trigger an extra income tax ...

Tax collection projections are down. Refunds are up. That’s a formula that could dampen U.S. government revenue and, if it persists, portend an earlier deadline for Congress to raise the debt ...

You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is one of those samples… IRS finally provides clarity ...