Staff cuts under Donald Trump’s government-wide reduction are putting large ongoing audits on hold, and the IRS is unlikely ...

While he hasn't laid out a clear plan, Treasury Secretary Scott Bessent has gone on record touting "the great AI revolution" in improving the agency's tax collections and customer service.

Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...

Federal tax collectors are Americans' least favorite government agency, but slashing the IRS workforce could leave a big hole ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

IRS efforts to combat racial bias in audits are likely to flatline due to President Donald Trump’s executive order to dismantle any federal diversity, equity, and inclusion programs.

Every year, taxpayers are required to file their tax returns with the Internal Revenue Service (IRS). Whether you’re an employee or self-employed, it’s crucial to fill out the necessary forms ...

The IRS pays attention to certain tax return claims that are open to fraud more than others. You can find out how to avoid ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season — aka the IRS’ busiest time of ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

IRS layoffs in 2025 could mean tax delays, fewer audits, and compliance challenges. See how businesses will be affected.