The Latest Breaking News from IRS

President Trump labeled ABC News 'fake' and 'the worst' while attacking correspondent Karen Travers during an executive order signing. He refused to answer her question about his $10 billion lawsuit against the IRS and Treasury, which alleges a failure to prevent the leak of his tax records.

‘You’re a loud person,’ the president sneered on Friday at ABC News’ Karen Travers. ‘Very loud. Let somebody else have a chance.’

It is highly unusual for a president to sue their own administration, but Trump has pursued similar tactics in the past

Tax refunds are issued when an individual has paid more tax throughout the year than they ultimately owe, often due to withholding

You used to move your money with a level of freedom that felt like a fundamental right. You earned it, you deposited it, and whether you wanted to withdraw cash for a car or wire funds for a house, the transaction was simple. In 2026, the landscape has shifted toward…

Is your income tax bill bigger than expected? Here's how you should prepare for next year.

Investing in cryptocurrency adds another layer to tax preparation. Smart investors should be planning throughout the year for any tax ramifications related to the sale of crypto investments. But it's...

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

If enforcing a law isn't worth killing someone over, it probably shouldn't be a law.