The Latest Breaking News from IRS

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.

The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system