Taxpayers could face long waits for IRS responses to questions on a slew of complicated new tax changes this filing season, ...

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

Separate reports from two federal oversight bodies warn that the IRS may struggle to maintain service levels between now and ...

Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

The Senate Finance Committee held a hearing today on President Trump's nominee to lead the IRS. It comes as the agency has laid off thousands of workers, including nearly a third of its auditors.

The Internal Revenue Service has begun contacting nearly 2,000 charities and foundations as it officially kicks off an effort to crack down on groups that are providing excessive pay or benefits to ...

The 2025 tax season is bringing multiple notable changes that have left many taxpayers wondering what they need to know.

Members of Congress expressed bipartisan outrage today at the Internal Revenue Service for singling out conservative groups when reviewing applications for tax exemption and called for another agency ...

It's offically Tax Day, which means if you haven't already filed, you must spend the next several hours gathering your important tax documents or trying to decipher your W-2. Even if you're using tax ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on reporting income and loss from residential rental property.

The Internal Revenue Service official who oversees applications for tax exemption defended her actions to a Congressional committee on Wednesday before refusing to answer questions about the agency’s ...

President Trump's pick to lead the IRS faced tough questions today during his Senate confirmation hearing. Lawmakers quizzed former congressman Billy Long about his qualifications for the job. It was ...