The IRS has successfully collected $1 billion in back taxes from high-wealth taxpayers under Biden's economic package, aiming to enhance tax fairness and compliance while facing potential budget cuts from Republicans.

The US Department of the Treasury and the IRS have finalized regulations requiring brokers of cryptocurrency assets to report gross proceeds from sales starting in 2026.

The IRS issued a rare apology to billionaire hedge fund director Ken Griffin and numerous other affluent individuals following a settlement of a lawsuit over a data breach

The IRS received backlash from watchdogs for its delays in handling identity theft cases, which was deemed "unconscionable" despite financial support from democrats.

The IRS has introduced new guidelines allowing individuals facing personal emergencies, including domestic violence victims, to withdraw up to $1,000 or $10,000.

The IRS has identified significant fraud risks in its review of $86 billion worth of Employee Retention Credit claims, with the majority deemed at risk of being improper.

Here's the truth about the $8,700 stimulus checks discussions that spread online! U. S. President Donald Trump's name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC.

The IRS will close a major tax loophole used by wealthy taxpayers to avoid paying taxes, potentially raising over $50 billion in revenue over the next decade.

As the IRS tax deadline approaches in 2024, several states are granting extensions until November, offering taxpayers additional time to file their returns amidst ongoing changes and challenges.

IRS confirmed that it is making the Direct File free tax-filing option permanent. But when? Here are the latest details.