The layoffs, which have been directed by the so-called Department of Government Efficiency (DOGE), led by billionaire and ...

The people said Paul was demoted from his position because he clashed with the DOGE's alleged push to share tax information with multiple agencies. The news also comes as the IRS plans to institute ...

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

IRS Direct File is only in its second year of letting taxpayers file directly with the IRS online, but it may be a casualty of Elon Musk’s DOGE.

The IRS is warning that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.

The fate of the IRS Direct File program remains unclear as Elon Musk and the Department of Government Efficiency cleave their ...

As the IRS faces mass layoffs, Democrats warn that "wealthy tax dodgers" could benefit from fewer compliance staff. The agency in September announced it recovered $1.3 billion in unpaid taxes from ...

Plus: Adventures in Alaska, budget moves, beneficial ownership information (BOI) reporting, a new IRS Commissioner, penny ...

We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...

“Modernization is necessary to keep up with the process by which Americans file their taxes, including the reality that over ...

The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the ...

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...