Four tax preparers from Texas whose fraudulent returns for clients cost the IRS more than $7.5 million were sentenced to 105 ...

Companies that employ workers who receive tips are currently eligible for a tax credit (the 45B tax credit). That gives them ...

Help Register Login Login Hi, %{firstName}% Hi, %{firstName}% Games Car rental Tax provisions that could decrease taxes paid ...

The average federal income tax refund amount was $2,942 — up 3.3% from 2024 ... % drop in its staffing — losing roughly ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Since President Donald Trump issued the return-to-office mandate for all federal employees on Jan. 20, federal workers ...

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

Combined with federal and local fuel taxes, the average tax per gallon in Illinois could be as high as 85 cents. Illinois ...

The Senate advanced Trump’s priorities, which Republicans have been calling the One Big Beautiful Bill. Here’s how it could change the federal government and the U.S. economy.