The Latest Breaking News from IRS

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Internal Revenue Service says that it will have erased its backlog of last season’s tax returns by the end of this week

Don’t worry, it doesn’t smell how you may think.

WASHINGTON — Democrats are short on time to act on a budget package containing much of President Joe Biden’s domestic agenda before November’s midterm elections, which could spell trouble for an issue that’s animated some tight House races before: the cap on deducting state and local taxes.

Democrats who previously campaigned on addressing the cap on deducting state and local taxes are running out of time to do so.

Logan Paul reasserted his claim that Floyd Mayweather hasn't paid him for their exhibition clash last year, with the YouTube star branding the boxing legend a "punch drunk idiot"

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

Shadowy "war games" for what happened on Jan. 6 began months earlier — but we still don't know who paid for them

HOLLY OAKS, Michigan — The skies dark overhead, I splashed through a muddy gulch in Michigan’s most challenging, Holly Oaks Off-Road-Vehicle park. ROARRRR! I charged up a muddy 20-degree incline, the 440-horsepower twin-turbo V-6 engine spinning all four wheels. GRONCH! The front bash plate cushioned the front bumper’s blow over…