News

As natural disasters become more frequent, the IRS emphasizes the importance of safeguarding vital tax and financial records.
The importance of reviewing buy-sell agreements, life insurance ownership and personal estate plans in light of Connelly v.
House Bill 1157, which would change Pennsylvania tax law for farmers to match current federal policy, has passed the House ...
Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.
U.S. persons face complicated and often surprising tax and compliance issues when acquiring or holding real estate located in the United State ...
WASHINGTON—President Trump is replacing the acting IRS commissioner that he appointed just three days earlier, according to people familiar with the matter, making a sudden shift that continues ...
Employees at the Internal Revenue Service only had to show up to work in person twice every biweekly pay period before President Trump took over and canned federal telework policies, The Post has ...
How short was Gary Shapley's tenure as IRS commissioner? He's out after less than a week on the job. By Steve Benen In recent weeks, the Internal Revenue Service has lost its chief of staff ...
A White House official asked the Internal Revenue Service to investigate an audit into pillow tycoon Mike Lindell, a well-known Trump supporter, over concerns he was being inappropriately targeted.
The IRS is considering whether to rescind Harvard University's tax-exempt status, two sources familiar with the situation said. The request to look into the possibility was made by officials at ...
The American Rescue Plan was a pivotal legislative measure introduced in 2021 to assist Americans grappling with financial difficulties due to the unforeseen COVID-19 pandemic. This plan ...
The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the ...