The Treasury Department said an IRS hiring freeze is possible if Congress doesn’t address a $20 billion budget anomaly. The IRS already saw a $20 billion cut to its modernization fund. But Treasury ...

The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the ...

Democrats forgot to read the fine print on a bill and spoon-fed a huge victory to Republicans who want to kill the IRS. The ...

United States Attorney Roger B. Handberg announces that Travis Morgan Slaughter and Tripp Charles Slaughter have pleaded ...

Federal prosecutors in Tennessee say two tax preparers submitted $65 million in false claims for refunds under programs ...

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to ...

A capital loss occurs when you sell a capital asset for less than you bought it. Capital losses can reduce your taxable income. Read on to learn how to put them to use.

Two Mississippi tax preparers are indicted for defrauding the government of over $65 million in COVID-19 relief funds.

The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...

They each face up to 20 years imprisonment for the mail and wire fraud offense and have been ordered to pay millions in ...

The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue ...