The Latest Breaking News from IRS

Consider implementing these four strategies before December 31 to potentially improve your tax situation for this year and the future.

The IRS released its annual criminal investigation report, with its chief comparing this year's successes as significant as their infamous takedown of Al Capone.

President-elect Trump nominates Billy Long, a seasoned professional, as IRS Commissioner, emphasizing his business experience and dedication to public service.

Former Rep. Billy Long, R-Mo., got the nod from President-elect Donald Trump on Wednesday to be his nominee for IRS commissioner.

Strategic moves now can make a difference in your modified adjusted gross income (MAGI) when it’s time to file your return.

Why wait until you're gone to help the people and causes you love? Get a jump-start on gifting and see all the good you can do.

The IRS could tax your gifts from Christmas raffles, Secret Santa, and White Elephant. Here’s how.

The Internal Revenue Service has ramped up its efforts to recover unpaid taxes from millionaires. It collected more than US$1.1 billion from 1,600 wealthy Americans with known but unpaid tax debts in the 2024 fiscal year, up from just $38 million a year earlier.

Students can now begin filing their FAFSA applications and send their information to up to 20 colleges to determine the amount that they may receive as a grant for the upcoming academic year.