The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.
The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans should not slash that funding.
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for the energy investment tax
In 2024, tax season started on Jan. 29 (with a Jan. 8 announcement). In 2023, tax season started Jan. 23 (with a Jan. 12 announcement). So be on the lookout next month if you want to get an early start on tax season.
The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing crucial updates that will affect taxpayers when they file their returns in 2026. These adjustments, detailed in the Tax Procedure 2024-40 ...
The U.S. Treasury Department and the Internal Revenue Service (“IRS”) published final regulations on December 4, 2024, defining “energy property”
Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black Americans rose from 10.7% in 2016 to 11.5% in 2018, following the mandate’s repeal.
The General Assembly created so-called “Tier 2” pensions in 2010 in hopes of avoiding long-term liabilities, but the benefits are not enough to retire on, those workers say.
Although you may not be too sympathetic to the plight of the IRS, the reality is that the loss of these funds is likely to have a real-world impact on what the agency can do. Adeyemo explained some of the things that would happen if the money is not restored: