INSIDER
The budget bill championed by President Donald Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts.
Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought to abolish.
An appeals court has cleared the way for President Donald Trump’s executive order aimed at ending collective bargaining rights for hundreds of thousands of federal employees while a lawsuit plays out.
A federal judge is refusing to block the Internal Revenue Service from sharing immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S. In a win for the Trump administration, U.S. District Judge Dabney Friedrich denied a preliminary injunction Monday in a lawsuit filed by nonprofit groups.
The Marguerite Casey Foundation plans to significantly increase donations this year to $130 million to help nonprofits respond to policy changes from the Trump administration.
For years, President Donald Trump has complained that colleges and universities are “indoctrinating” their students with “radical left” ideas and has said they should lose their tax-exempt status.
The IRS is giving individuals and businesses across Florida until May 1 to file various federal tax returns and make payments, following last year’s devastating Hurricane Milton.
The Internal Revenue Service’s acting commissioner is resigning over a deal to share immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S. Two people familiar with Melanie Krause’s decision confirmed the intended resignation to The Associated Press on condition of anonymity because they were not authorized to speak publicly about it.
With technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm is announcing a new program intended to improve how it interacts with financial institutions.
Taxpayers who haven’t filed 2021 tax returns who may be eligible for a COVID stimulus payment must file it by April 15 to claim the credit.
The Internal Revenue Service’s acting chief counsel, William Paul, has been removed from his role at the agency and replaced by Andrew De Mello, an attorney in the chief counsel’s office who is deemed supportive of Elon Musk’s Department of Government Efficiency, according to two people familiar with the plans who were not authorized to speak publicly.
The fate of the IRS Direct File program remains unclear as Elon Musk and the Department of Government Efficiency cleave their way through the federal bureaucracy.
A Colombian-American entrepreneur based in Miami-Dade County pleaded guilty to federal charges on Monday related to a tax-evasion conspiracy that prosecutors estimate involved $90 million in bank accounts in Andorra, Israel, Panama, and Switzerland.
The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation and not authorized to speak on the record.
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.
The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could come as soon as next week.
For years, Republicans, including President Donald Trump, have railed against the IRS and its cadre of armed agents.
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
U.S. Treasury nominee Scott Bessent is facing sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
President-elect Donald Trump says he plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations.
The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners.
An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but still faces delays processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain identity theft cases.
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.
IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.
Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen.
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024.
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns.
Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years.
The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases.
The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes.
The IRS says more than 140,000 taxpayers filed their taxes through its new direct file pilot program.
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy.
The IRS says it’s making progress with initiatives to claw back money improperly distributed under the Employee Retention Credit.
After weeks of testing, an electronic system for filing returns directly to the IRS is now available for taxpayers from 12 selected states.
The government's new free electronic filing system for income tax returns is getting its first users this filing season.
A new IRS inspector general report says the agency continued to give 19 contractors access to sensitive systems despite failing background reports as recently as last July.
The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Democrats’ Inflation Reduction Act.
As tax filing season officially starts Monday, a limited number of taxpayers in 12 states will soon be eligible for a program that will allow them to calculate and submit their returns directly to the IRS without having to pay for commercial tax preparation software.
Tax season starts today and for many people filing U.S. tax returns — especially those doing it for their first time — it can be a daunting task that’s often left to the last minute.
A former contractor for the Internal Revenue Service who pleaded guilty to leaking tax information to news outlets about former President Donald Trump and thousands of the country’s wealthiest people was sentenced to five years in prison on Monday.
Congress is racing to wind down a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic.
The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires.
The IRS is still too slow to process amended tax returns, answer taxpayer phone calls and resolve identity theft cases, according to an independent watchdog within the agency.
No matter who takes home the College Football Playoff championship Monday night in Houston, a rare nonprofit from the murky, still-developing world of Name, Image, Likeness programs is set to come out on top.
The IRS says it's going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 a year for tax years 2020 or 2021.
The IRS plans to invite a select group of taxpayers across 13 states to try out the agency’s pilot electronic free file tax return system, beginning this January.
A former contractor for the Internal Revenue Service charged with leaking tax information to news outlets about former President Donald Trump and thousands of the country’s wealthiest people pleaded guilty Thursday in an agreement with prosecutors.
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest.
A former contractor for the Internal Revenue Service has been charged with leaking tax information to news outlets about thousands of the country’s wealthiest people.
The Internal Revenue Service said Thursday it will pause accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent.
The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.
The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents.
Plans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what they owe.
The IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency.
The IRS has processed tens of millions of tax returns faster this year compared with years past, and getting through to customer service on the phone is slowly improving.
Republicans are seeking to make good on campaign promises to reduce IRS funding through the proposed debt ceiling and budget cuts package passed by Congress.
The IRS is taking steps to protect the identity of its workers in an effort to deter personal threats aimed at the tax agency's employees.
Senators who have been arguing over how much money to give the IRS and how it should be spent found at least one point of unanimity as they considered President Joe Biden’s nominee to lead the agency on Wednesday.
The Internal Revenue Service announced Tuesday that Florida Taxpayer Assistance Centers (TAC) will be open on Saturday in Miami-Dade, Broward and Orange counties for customers who are unable to visit during the week.
The IRS is beginning to see “a light at the end of the tunnel” of its customer service struggles, thanks to tens of billions of new money from the Democrats’ climate and health law and the authority to hire more people.
A watchdog investigation initiated after the tax returns of two former FBI directors had been subjected to intensive audits during the Trump administration has concluded that the reviews from those years were conducted at random.
House investigators say a federal contractor that provided identity verification services for the Internal Revenue Service overstated its capacity to perform its services.
