IRS asks Americans to report income from 'illegal activities'
The IRS invitation for taxpayers to declare their income from stolen goods and illegal activities has gone viral on social media.
IRS update: Disaster victims in these states must file 2022 taxes today
For victims of Hurricanes Idalia and Lee, Tropical Storm Bolaven, Hawaii's wildfires, the seawater intrusion in Louisiana and storms in Illinois.
Tax rebates could be taxed again
The IRS aims to make a rebate in Arizona subject to federal income tax despite local opposition.
Democrat pressures IRS to change tax ruling after missing deadline
The state has been pushing the IRS to remove the federal tax penalties on the rebates for months.
Lauren Boebert celebrates win over "tyrannical" IRS
"Major victory today," Rep. Lauren Boebert declared after the IRS decided not to tax Colorado state refunds this week.
Student loan update as payees could get $2,500 tax deduction
The student loan interest deduction allows taxpayers to deduct up to $2,500 from their taxable income, according to the Internal Revenue Service.
IRS tax move will save money for millions of Americans — Eligibility check
The Internal Revenue Service has announced the pilot program for free tax preparation service.
TurboTax faces major threat to its business
The IRS is launching a pilot free-to-use tax return service that could spell trouble for private firms like TurboTax.
Loophole to not pay student loans exposed
A TikTok user exposed a tax loophole that American expats can use to avoid paying federal student loans.
Huge tax bill looms for Americans
As a tax law change hits scam victims with hefty bills, Democratic Senator Bob Casey seeks IRS data on affected taxpayers.
Prince Harry and Meghan Markle's one hour work week explained
In the tax filings for their Archewell Foundation, Harry and Meghan logged just one hour of work connected with the organization per week.
MAGA complains new Hunter Biden indictment missing key charges
Hunter Biden's newest indictment leaves out charges related to foreign business interests, according to Republicans.
IRS demands back 20,000 COVID payments over dubious claims
The IRS's crackdown on ERC abuse involves a withdrawal program and a new disclosure initiative, targeting erroneous pandemic-era claims.
Stimulus check update: 2.1 million people owe IRS money for direct payment
The Minnesota Department of Revenue couldn't get approval for the standard tax rebates to be tax-free.
Fact Check: Are new $2,000 stimulus checks released today?
Social media updates about stimulus payments for 10 states have gone viral in recent days.
Mike Johnson rebuked by home state newspaper for his "wrong" ideas
The House speaker put his support behind a plan to fund aid to Israel with major funding cuts to the IRS.
IRS tax bracket 2024 update: These Americans will be paying more
The IRS announced the updated guidelines Thursday to match current levels of inflation.
Republicans suddenly abandon plan for IRS cuts
Moments before the House vote, Republicans pulled their spending bill for the second time this week.
Republicans' IRS plan backfires
The GOP proposal to fund aid to Israel through cuts to the IRS budget could lead to an additional $12.5 billion in the national deficit.
Mike Johnson's big move is problem for Democrats and Republicans
Johnson's new bill targeting a signature Biden achievement is causing rifts among both Democrats and Republicans.
GOP plan to fund Israel war with IRS cuts raises questions
Politicians, experts and commentators have reacted to a Republican-led plan to fund Israel's war against Hamas.
Social security change could give recipients an extra $8,100: Study
Aligning SSA with IRS rules could grant half of caregiving grandparents extra benefits, per a CRR study, potentially more than $8,000 annually.
Mike Lindell insists MyPillow is not going out of business
Lindell said that his supporters are still buying MyPillow products.
Supreme Court Should Prevent New 'Guess Tax' on Family Businesses
The Supreme Court will soon consider whether Americans can be taxed on the increased value of their assets even if those assets have not been sold.
Mike Lindell's attempt to stop IRS audit doomed to failure
Lindell believes the IRS is coming after the "home moms" who take the orders for his pillow company
Powerball's $1.2 billion winnings will have largest payout in these states
The next drawing will take place on Wednesday night.
Mike Lindell's problems just got worse
The MyPillow CEO said his company is being audited by the IRS.
Supreme Court may upend the U.S. tax structure
The high court will soon hear a case that could have broad impacts on Congressional taxing powers and wealth taxes.
Ron DeSantis may save Taylor Swift fans from the IRS
The Florida Department of Financial Services is targeting the IRS over taxing ticket sales, specifically for Taylor Swift's Eras Tour.
Republican fury grows over Hunter Biden IRS lawsuit
Hunter Biden filed suit against the IRS alleging two agents wrongly shared his personal tax information; as a result, Biden faces backlash from Republicans.