President-elect Donald Trump has called for yanking significant funds from the agency. So would that mean a “Wild West” for ...

Elon Musk joked about IRS crypto taxation, raising questions about digital asset tax policies and gaining attention from the ...

As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

Representative Ryan Zinke wants to just give Russia what it wants after the downing of an Azerbaijan Airlines passenger plane ...

When Hurricane Helene ravaged North Carolina, it left destruction in its path — and plenty of questions among homeowners ...

Olson said that attitude was disturbing and that simplistic answers can create problems for taxpayers in IRS audits and in the courts. “A swimming pool in someone’s home, even if employees are working ...

President-elect Donald Trump's recent statements about seeking "retribution" against his adversaries have raised concerns among critics, who fear he may misuse the Internal Revenue Service (IRS) to ...

Olson said that attitude was disturbing and that simplistic answers can create problems for taxpayers in IRS audits and in the courts. “A swimming pool in someone’s home, even if employees are ...

An audit is a double-check of a person or corporation's tax filings, and generally means the IRS goes through financial records, payments, and more with a fine-tooth comb to make sure everything ...

For a brief moment, the IRS had the full breadth of resources it ... with the agency having said from the get-go that audits would not increase for people earning under $400,000 annually.