Substack writer Matt Taibbi says IRS visited his home while he was testifying in Congress: Cruz, Musk weigh in
Journalist Matt Taibbi said an IRS agent visited his home in New Jersey the same day he was miles away, testifying before Congress in the nation's capitol.
Expecting a tax refund? Smart ways to use the extra cash
If you received a tax refund this year, there are many different ways to spend your cash to benefit you in the long term, including investments and an emergency fund.
Rep. Adrian Smith on the importance of community banks
Rep. Adrian Smith, R- Neb., discusses his confrontation with Treasury Secretary Janet Yellen over IRS audits on families and small businesses as well as the importance of community banks.
Biden's IRS targets small businesses, families: Army of 87,000 agents must be defunded
There’s no denying that President Biden, Secretary Yellen and Democrats want to tax, target and surveil everyday Americans’ private finances at every turn.
How to file your 2023 taxes and get the most out of your return
If you're trying to receive the most money from your tax returns this year, the Marks Group president and CPA Gene Marks gives best filing tips for individuals and businesses.
This is about empowering the IRS: Rep. Adrian Smith
Rep. Adrian Smith, R-Neb., discusses Treasury Secretary Janet Yellen admitting that 90% of new audits will affect families and small businesses on ‘The Bottom Line.’
Yellen doesn't deny that 90% of new IRS audits would affect those making under $400K
U.S. Treasury Secretary Janet Yellen testified before the House Ways and Means Committee on Friday, where she was confronted with data that suggests up to 90% of new IRS audits will hit taxpayers making less than $400,000, which she did not deny.
Yellen answers whether IRS will consider race, gender in audits as part of Biden 'equity' push
Treasury Secretary Janet Yellen testified to members of Congress on Friday after President Biden released his 2024 budget proposal on Thursday, which called for tax hikes.
Twitter users erupt at IRS's calls for thieves to report stolen income: 'Good to know'
Twitter users mocked the IRS's confounding rule about thieves and drug dealers needing to report the fair market value of any stolen property or drug income.
Werfel confirmed as next IRS head
President Biden’s nominee to lead the Internal Revenue Service has received confirmation by the Senate. The vote to confirm Daniel Werfel had a 54-42 result.
Despite IRS pause, Americans getting 1099-Ks from payment network providers
Venmo, eBay and PayPal all confirmed to FOX Business that they do not send Form 1099-Ks unless required by law. So why are some people below the IRS filing threshold getting a form?
Expecting a tax refund from the IRS? Here's when it could arrive
Taxpayers can expect to receive a refund from the IRS within 21 days if they opt for a direct deposit, but the check could be smaller than in years past.
American relying on tax refund to stay afloat amid sticky inflation
U.S. taxpayers are counting on their 2023 tax refund to stay afloat this year amid stubbornly high inflation, but they could be in for a rude awakening.
Biden's SEC set to overhaul Wall Steet stock trading
House Financial Services Committee member Rep. Bill Huizenga discusses new SEC regulations that could limit investors from buying and selling stocks on 'The Big Money Show.'
Is my state stimulus payment taxable?
The IRS has decided that taxpayers in 17 states will not need to report special payments on their 2022 tax returns. Payments from four other states may or may not be reportable.
The IRS has delivered 8M tax refunds so far. This is the average amount
The average tax refund amount so far this filing season is worth about $1,963, a decline of about 11% when compared with last year, according to IRS data.
Biden's potential IRS commissioner faces Congress
Senior congressional correspondent Chad Pergram reports on Democrats and Republicans' differing views on the agency in a confirmation hearing for its nominated leader on 'The Bottom Line.'
Biden IRS nominee promises not to increase audits of households making less than $400K
IRS commissioner nominee Daniel Werfel is expected to tell a Senate committee that if he gets the job, he will not increase audits on those making less than $400,000.
IRS reveals if you owe taxes on government relief checks
The IRS has determined whether state-issued rebate payments will count as taxable income for the 2022 tax season after telling taxpayers to delay filing.
High inflation could hit your taxes this year - here's how
Taxpayers living in at least 22 states could face higher taxes as a result of stubbornly high inflation, a phenomenon that is known as "bracket creep."