This is false. Taxpayers will not receive new stimulus checks of any amount this summer, an IRS official said.

As more and more people decide to enter co-ownership, the benefits need to be weighed against the drawbacks—for example, ...

KEY TAKEAWAYS Since the beginning of the year, seven different IRS commissioners have been appointed to the role, which ...

Internal documents show Elon Musk’s multi-billion dollar rocket company can indefinitely shield nearly $3 billion in profits ...

Tax professionals warn that improper donation reporting is triggering audits and penalties for well-meaning taxpayers.

Trump’s efforts to defund the IRS, especially in the area of enforcement, will exacerbate fraud and abuse in the federal tax ...

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...

IRS $1,390 stimulus checks are on track to reach millions of eligible Americans this late summer. The Treasury Department and ...

Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner on Thursday, days after President Trump ousted Billy Long from the position.

The Internal Revenue Service didn't do enough to verify the identity of callers to its Practitioner Priority Service and ...

The Internal Revenue Service has acknowledged in a court filing that it is now sharing taxpayer data with Immigration and ...