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

To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.

Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...

Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.

While billionaires stash fortunes in offshore havens, the IRS is targeting gig workers who make a few bucks answering ...

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

The Bulwark's Jill Lawrence on Thursday took President-elect Donald Trump and his allies in the Republican Party to task for ...

Elon Musk, the billionaire entrepreneur and owner of social media platform X, recently posted a tongue-in-cheek message ...

The IRS has introduced temporary tax relief for cryptocurrency investors navigating the complexities of centralized exchanges ...