President Trump says he'd like to see a cut in the Fed rate as well as a payroll tax cut.
Democratic lawmakers have been ramping up calls on the campaign trail for corporations to pay their fair share.
Even those who did not claim an available waiver will not be subject to a penalty.
A breathing problem led the 87-year-old singer to cancel the next 6 stops on his tour. But he won’t give up the hustle. One look at his career and it’s easy to see why.
Failure to comply could result in audits and even criminal investigations, the agency said.
Taxpayers might be able to save on a portion of the company's medical testing services.
Some Democratic leaders believe the tax provision was politically motivated.
The IRS says it has made “major progress” against identity theft in tax returns, but evolving tactics still threaten taxpayers’ sensitive data.
Advancing legislation may eliminate stretch IRAs.
Frustration over refunds could overshadow benefits.
After a years-long court battle, the IRS updated a provision that blocked U.S. citizens in France from claiming certain tax credits.
National Taxpayer Advocate Nina Olson said the IRS’ taxpayer service is “woefully inadequate.”
The Treasury Department officially squashed a key workaround last week.
The Treasury Department issued a final ruling on one strategy this week.
The tax reform law capped SALT deductions at $10,000.
With the arrival of tax bills and refunds in the late spring and early summer, the Internal Revenue Service (IRS) is also warning taxpayers against various tax scams that have begun to crop up.
Lawmakers are said to have removed a provision from a bill that would have prevented the IRS from creating its own free filing software.
The tax agency is looking at Uber’s 2013 and 2014 taxes, while charges dating back to 2010 across some foreign jurisdictions are subject to change.
According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.
Some taxpayers were surprised by their refund, or bill, in 2019.