With thousands of federal employees accepting buyouts, the IRS faces potential challenges this tax season. Discover how these ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/ .

The IRS is latest federal agency under review by Elon Musk’s cost-cutting group.

If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...

The last Trump administration placed limits on new federal regulations, and it seems reasonable to expect more of the same.

Stating that the time has come to reinvigorate our internal engines and domestic levers for sustained growth as external conditions have turned unconducive, the Economic Survey that was tabled in ...

The inclusion of DEXs and DeFi participants in the definition of "broker" has a number of significant corollary implications.

The Child Tax Credit (CTC) is a crucial financial tool offered by the IRS, designed to support millions of families across the United States. By easing tax burdens and promoting economic stability, ...

Personal ordinary income can be defined as cash inflow subject to the standard marginal income tax rates and defined by the Internal Revenue Service (IRS). For businesses, ordinary income is ...

introduced would take funds that that the Inflation Reduction Act adopted during former President Joe Biden’s administration provided to boost the Internal Revenue Service, and reallocate them ...

Trump announced his intention to create the new federal department on Truth Social, writing: "I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come ...

US President Donald Trump, during his inauguration speech on Monday, announced the establishment of an external revenue service to collect tariffs from foreign countries exporting goods to America. “I ...