The Latest Breaking News from IRS

A report issued Tuesday by the Democratic-controlled House Ways and Means Committee found that required IRS audits of Donald Trump were delayed, and committee members voted along party lines to also release tax filings of the former president who broke political norms by refusing to release the information on his…

The findings were announced after a Democratic-controlled committee voted to release a report related to former President Donald Trump's tax returns.

Most U.S. foundations seek to preserve the money that funds their grants and operations for the long term. They accomplish this by not giving away more money than they earn as returns on the assets held in their endowments.

Plus: Sen. Mike Lee wants to remove First Amendment protections for porn, IRS doxxes taxpayers, and more...

If Congress doesn't act, millions of casual sellers could find themselves in trouble with the IRS, says eBay CEO Jamie Iannone.

WASHINGTON — The Senate on Thursday cleared a one-week continuing resolution to keep the government funded through Dec. 23, as Appropriations Committee leaders distributed final spending allocations to their dozen subcommittees to ready a sprawling omnibus package they plan to unveil Monday afternoon.

Multibillionaire Ken Griffin filed a lawsuit against the IRS Tuesday alleging the agency violated his right to privacy after investigative journalism outlet ProPublica reported in April on the tax records of the Republican megadonor and former Chicagoan.

Things are about to get confusing for millions of people who used Venmo or Paypal this year.

The race for the House Ways and Means Committee chairmanship remains close as contenders prepare to make their final pitches.