The Latest Breaking News from IRS

House Speaker Kevin McCarthy has launched an impeachment inquiry against President Joe Biden

The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes

The move shows growing importance of digital assets and the government's commitment to ensuring their transparent and lawful use.

The Internal Revenue Service is getting a funding boost thanks to the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

Striking nurses see health care canceled as $6.6 billon N.J. hospital chain digs in; both sides claim bad faith

This checklist covers all the financial and legal documents you need to change when you get married.

India made history by becoming the fourth country to successfully land on the moon. ISRO achieved this feat with a cost-effective mission, utilising a longer flight path and less powerful propulsion systems. Five pivotal moments in India’s space history, along with their associated costs, include Aryabhata (launched at no cost),…

If you earn a lot of money, you may want to avoid these most expensive states for millionaires. Some high earners in these areas could pay income tax rates greater than 50%.

The Hawaii tax deadline has been extended by the IRS following devastating wildfires. Here's what impacted residents should know.

The multimillionaire former biotech executive Vivek Ramaswamy took centre stage at the first Republican debate last week as he bids to win his party’s 2024 presidential nomination.

A business owner learned the hard way (and at great cost) not to dawdle or cut corners when it comes to tax plans involving the sale of a business.