News

More than 80 million Americans will get tax rebates worth $2,942 on average following the 2025 filing season, the Internal Revenue Service (IRS) has said. Individual Returns Received: 140,633,000 ...
The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
A new reort delivered to Congress warned that 2026 tax season may pose significant challenges for taxpayers following the dramatic reduction of workforce at the Internal Revenue Service. The IRS ...
The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
The Internal Revenue Service (IRS) is bracing for a challenging 2026 tax season following a significant reduction in its ...
The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced its workforce by more than one-quarter in the past year, according to a ...