Even Elon Musk's toughest critics acknowledge that he is likely to find 'awful examples of wasteful spending' in our federal government.

These developments may sound the alarm for student loan borrowers. But for now, there’s no need to make dramatic changes to ...

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

As inflation continues to challenge American households, the IRS has stepped in with a financial lifeline. Approximately one ...

Republican Louisiana Sen. John Kennedy on Tuesday called out Democratic lawmakers shrieking about Department of Government ...

For years, Republicans, including President Donald Trump, have railed against the IRS and its cadre of armed agents. Now the ...

The Justice Department’s chief tax official is resigning rather than accept a forced transfer to a new unit, raising fresh ...

A third federal judge has blocked President Trump’s executive order seeking to end birthright citizenship for children of undocumented immigrants living in the U.S. There are at least nine lawsuits ...

For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...

The House Ways and Means Committee is holding a hearing Tuesday morning focused on the Internal Revenue Service’s (IRS) ...