Early in Trump's term, the federal government again will bump up against the cap on how much money the federal government can borrow to pay for spending Congress already approved. During President Joe ...

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

The highly contentious partisan fight in Congress over federal spending is creating a strong possibility of a government shutdown on Oct. 1, an all-too-familiar situation that is forcing federal agenc ...

To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.

Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...

WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...

Biden signed an executive order to officially announce a National Day of Mourning and a one-day closure of federal agencies and departments.

The Biden administration said these cuts could add $140 billion to national debt over the next decade by weakening the IRS's ability to catch wealthy tax evaders.

Income Tax e-filing faces major disruption as income tax e-filing portal goes down. Thousands of taxpayers impacted, deadline ...

Donald Trump's involvement in the TikTok issue stems from his actions as President of the United States in 2020. Back then, ...

The Internal Revenue Service (IRS) has recently announced a significant financial relief for millions of U.S. family units ...

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has ...