October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...

WASHINGTON (AP) — The IRS will furlough nearly of its workforce as part of the ongoing government shutdown, according to the an updated contingency plan posted Wednesday to the agency website. Most ...

The country appears to be headed for a partial government shutdown for the first time in about seven years, after a White House meeting with the top four congressional leaders ended with acrimony ...

The Treasury Department reported it has made significant progress on modernizing information systems at the Internal Revenue Service and signed agreements with a number of third-party contractors to ...

Millions of taxpayers eagerly await their IRS refunds each year. But that anticipation can sometimes turn into despair and frustration when some tax refund checks vanish from mailboxes, stolen by ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

President Donald Trump has done an admirable job at defanging the IRS, which was converted into a weaponized agency targeting their political enemies. Chief Justice John Marshall famously pronounced ...

The military's reserve components now issue departing reservists a new standard service record that summarizes their periods of active and inactive service as well as their "points" earned toward ...

Every year, billions of dollars in unclaimed tax refunds remain in the hands of the IRS, waiting for taxpayers to claim them. These refunds often go uncollected because people fail to file returns, ...