Just before congressional Democrats passed the IRA, both the IRS and the Treasury Department -- to which the IRS reports -- told lawmakers the new funding would not impact those making less than ...

Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...

Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political ...

The Legislation combines spending and policy priorities from 11 congressional committees and will reshape federal policy across nearly every sector ...

The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...

Filing taxes could soon look different for service workers who rely on tips because of President Donald Trump's massive new ...

Former IRS Commissioner Mark Everson, now with Alliantgroup, discusses the need to identify the agency’s next leader and how the IRS should use its additional funding from the Inflation ...

Former IRS Commissioner Charles Rossotti has countered that the funding is actually likely only to increase revenue agents from the current 8,200 to about 17,000, not significantly more than the ...

An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces significant changes to the U.S. tax code. These adjustments directly impact taxpayers aged 65 and older, ...

The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and ...