The Latest Breaking News from the Internal Revenue Service

For millions of Americans, tax season culminates in a single, happy moment: the arrival of a tax refund. It can feel like a windfall, a bonus from the government. However, the process of getting that refund is fraught with peril. The U.S. tax code is incredibly complex, and a simple,…

For years, the Internal Revenue Service was known for one thing above all else: freezing bank accounts when taxpayers fell behind. But times have changed....

Editor’s Note: This story has been updated to include a comment from an IRS spokesperson.

The former Missouri congressman had next to no experience with tax law when he was tapped to lead the tax collection agency

Churches and other houses of worship can endorse political candidates without risking the loss of their tax-exempt status, the Internal Revenue Service said in a legal document the tax-collection agency filed on July 7, 2025. This guidance is at odds with a law Congress passed more than 70 years ago…

The Supreme Court rejected Monday an appeal to block the Internal Revenue Service from accessing  Coinbase Global Inc.'s (NASDAQ:COIN) user data.

According to CoinLedger CEO David Kemmerer, thousands of U.S. crypto investors have recently received warning letters from the Internal Revenue Service (IRS), marking a significant escalation in the agency's efforts to enforce tax compliance in digital assets.

Every year, millions of Americans dread the moment they have to deal with the Internal Revenue Service. Whether it’s filing taxes, managing an audit, or simply trying to make sense of deductions, the system feels deliberately confusing. While the IRS isn’t necessarily hiding secrets in a malicious way, there are…

When most people hear “IRS,” their first reaction is a shiver down the spine. The Internal Revenue Service has a reputation for being intimidating, and for good reason—no one wants to get on the wrong side of a tax audit. But what if the IRS isn’t always the villain in…

If you think the government will only use these tools to track illegal immigrants, think again.

President Donald Trump has repeatedly threatened to revoke Harvard University’s tax-exempt status, and some media outlets have reported that the Internal Revenue Service is taking steps in that direction.