As part of the settlement agreement, the U.S. is "forever barred and precluded" from examining or prosecuting President Trump ...

Acting Attorney General Todd Blanche will appear on Capitol Hill for his first congressional testimony since taking the reins ...

Tax season can feel stressful and confusing, but understanding the most important IRS forms ahead of time could help ...

You generally have three years after the filing deadline to submit an amended return. By filing an amended return, you might ...

The Internal Revenue Service (IRS) collects billions of dollars each year in back taxes, penalties and interest, in large part because it has an arsenal of tools to collect what's owed. Wage ...

An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...

The IRS issued new instructions in March clarifying the tip deduction limit for self-employed individuals. Married couples must share a single $25,000 limit on the qualified tip income deduction, not ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Millions of Americans could be owed a refund from the IRS as a result of a recent court ruling. Last month, a U.S. Court of Federal Claims decision expanded the interpretation of a specific tax code ...

The Treasury Department’s watchdog is warning the IRS that its workforce reductions and delays to modernization projects have left the tax agency in a precarious position as filing season begins. The ...