Former Missouri Congressman Billy Long, Trump's choice for IRS Commissioner, cosponsored a bill to get rid of the IRS and implement a national sales tax in its ... with some audits being targeted ...

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately reported. A significant reason for an IRS audit is the failure to declare ...

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...

Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...

Institutional investors are harvesting ETF losses for tax purposes, then placing their assets in highly correlated funds — regardless of so-called wash-sale restrictions, a new study found. In theory, ...

Several American administrations in the 20th century misused the Internal Revenue Service, the U.S. tax collection agency, to target opponents by ordering audits ... U.S. Steel sale to Japanese ...