IRS

U.S. Democrats ask watchdog to review new IRS tax guidelines

Two U.S. Democratic politicians asked a government watchdog on Monday to scrutinize implementation of President Trump's tax law, warning that the administration could use new tax guidelines to create the appearance of a large middle-class tax cut ahead of the 2018 mid-term elections.

GOP tax reform and changes to your paycheck

Now that the GOP has passed its sweeping tax reform legislation, which is expected to alter tax rates for millions of Americans, it may not be too long before some employees see those changes reflected in their paychecks.

Tax changes for 2018: What you need to know

As the Trump administration and GOP lawmakers work to complete a tax reform overhaul by year’s end, the Internal Revenue Service (IRS) released some cost-of-living changes that will go into effect beginning next year.

Equifax loses appeal on $7M IRS contract: Here's why

The Government Accountability Office (GAO) released the full text of its decision to deny Equifax’s (NYSE:EFX) appeal to preserve its $7.25 million anti-fraud prevention contract with the IRS, rejecting the credit reporting agency’s technical challenge against rival Experian.