News

Reasonable cause is a complete defense to most penalties in the Code. For late-filing penalties, taxpayers should be mindful ...
The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government ...
The Treasury Inspector General for Tax Administration counts job losses in every state, the District of Columbia, and Puerto ...
More than 3,600 revenue agents — responsible for collecting tax payments — have left the IRS, according to an IRS watchdog ...
The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...
President Trump doesn’t have the legal authority to nix Harvard University’s tax-exempt status on his own. But will that stop ...
Health Savings Account contribution limits will increase again next year due to inflation. Here's what you need to know.
Deputies responded on Thursday, May 1 to the 2300 block of Kips Korner Road, where a victim told them a man pretended to be ...
The Department of Government Efficiency has reportedly ended a lease for an Internal Revenue Service office in Michigan.
Donald Trump’s promise to strip Harvard University of its tax-exempt status prompted criticism Friday from a former Internal ...
The IRS doesn’t consider freeloading relatives as one of the hardships that can modify the home sales exclusion rules.
Starting in 2026, the new HSA contribution limit will be $4,400 for self-only health coverage, the IRS announced Thursday.