The Latest Breaking News from IRS

Watchdog calls out ‘worrying progression of Trump’s authoritarianism that would undermine our democracy’

The U.S. market gained more than 25% for the year to date through mid-December 2024

In the decade-long scheme, Rafael Alvarez provided false documents that reduced individuals’ tax burden

Unloading an underperforming stock can help keep your investment returns growing while trimming your tax bill. Here's how this strategy works.

The IRS says scammers are on the prowl for your financial information. Know the signs so you don't fall victim.

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of…

Standard deductions, AMT exemptions, and other tax provisions will be impacted by the inflation adjustments that the IRS has announced for the 2025 tax year. Find more about the modifications and how your taxes can be impacted.

One in four kids will be the victim of identity theft or fraud. Here's how the government is making it worse.

The deadline for taking Required Minimum Distributions (RMDs) is December 31. And yes, shopping or travel might be in order.