The Latest Breaking News from IRS

Democrats’ “Inflation Reduction Act” may not do much to immediately tame inflationary price hikes. But the package, an election year turnaround after loftier versions collapsed, will touch countless American lives and secure longtime party goals.

The sweeping legislation includes the largest investment to fight climate change in US history.

The Inflation Reduction Act would double the number of employees and expand the auditing capacity of the IRS.

President Joe Biden signed major legislation aimed at fighting climate change and lowering health care costs.

President Joe Biden arrived at the White House promising to “build back” America, and on Tuesday he's signing into law legislation with a slimmer version of that idea

Far-right Arizona candidate honors Ron DeSantis' manly attributes — oh, and embraces his extremist agenda too

VinFast buyers who are denied the tax credit even though they signed a binding contract with the automaker will automatically qualify for the $7,500 discount.

DARLINGTON, South Carolina — Just off the deserted town square, with its many boarded-up businesses, people lined up at the walk-up pharmacy window at Genesis Health Care, a federally funded clinic.

The ink is barely dry on the recently enacted Inflation Reduction Act, which allocates $80 billion over 10 years to help modernize IRS technology systems and provide more effective tax enforcement and collection. Yet already, Republican critics like Sen. John Thune of South Dakota are complaining that the needed funds…

WASHINGTON — U.S. lawmakers are pressing the IRS to explain how it plans to relieve a backlog of tax returns that have delayed refunds and to detail what measures it’s taking to improve customer service.

After the FBI completed a lawful search of former president Donald Trump’s Mar-a-Lago estate on Aug. 8, 2022, conservative politicians responded with one of three strategies: silence, circumspection and attack.