A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.
The IRS on Thursday announced the new income limits for the different tax brackets as still-high inflation continues to squeeze Americans financially.
Treasury Secretary Janet Yellen condemned Republican efforts to claw back funding for the IRS in its effort to provide Israel with $14 billion in aid.
Rep. Darrell Issa, R-Calif., discusses Biden's new aid package to help fund the Ukraine and Israel wars on 'Varney & Co.'
The IRS said Wednesday that it lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans next year.
Rep. Byron Donalds, R-Fla., discusses Mitch McConnell's push for more Ukraine spending on 'Varney & Co.'
Rep. Andy Biggs, R-Ariz., weighs in as GOP lawmakers slam IRS dysfunction despite $60B more in funding over 10 years on 'The Evening Edit.'
The IRS on Friday announced that it has brought in a cumulative $160 million from its efforts to crack down on wealthy Americans evading their taxes.
The IRS plans to launch a free tax-filing program in 13 states for select taxpayers, projecting that hundreds of thousands will participate in the pilot.
The Internal Revenue Service is providing tax relief to individual and corporate taxpayers impacted by Hamas' terrorist attack on Israel for one year following the Oct. 7 attack.
Microsoft just disclosed that the Internal Revenue Service (IRS) has asked for a hefty sum of taxes that it believes the tech company has not paid. The total was $28.9 billion.
Treasury recently released a report casting doubt on the IRS's ability to limit audits on those making over $400,000 per year, making a key Biden promise difficult
Americans for Tax Reform President Grover Norquist discusses Republican GOP candidates taking the taxpayer protection pledge, Biden's American Climate Corps, the administration's tax increases and the IRS targeting ticket resellers.
A new Internal Revenue Service rule targeting ticket resellers for concerts and sporting events could impact a large number of Americans after lowering tax reporting thresholds.
The IRS is seeking to hire 3,700 new workers to ramp up enforcement on wealthy tax cheats with funding included in the Democrats' Inflation Reduction Act.
Heritage Foundation Vice President Roger Severino discusses why Hunter Biden is facing just gun charges and not tax charges on 'Varney & Co.'
The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.
House Majority Leader Rep. Steve Scalise, R-La., discusses the Hunter Biden probe and a possible short-term spending bill on 'Maria Bartiromo's Wall Street.'
The Internal Revenue Service has launched a plan for allowing taxpayers the ability to file more returns and correspond with the agency digitally in a push to go paperless.
Rep. Pat Fallon, R-Texas, argues Hunter Biden's former business partner 'might very well' connect the Biden family dots.