The program was authorized under Trump’s tax and spending law and is open to households of any income with qualifying ...

The federal government raised $195 billion in customs duties in Fiscal Year (FY) 2025, more than 250% of what it collected in FY 2024, according to the final Monthly Treasury Statement of FY 2025.

WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South ...

The staff exodus at the IRS this year could reintroduce many of the service gaps and processing delays that were largely absent this past tax-filing season, the agency’s independent watchdog warned ...

The Internal Revenue Service (IRS) is poised to reach up to a 40% reduction of its workforce, multiple outlets reported. The notices of reduction of force are scheduled to start going out to employees ...

The Trump administration and Department of Government Efficiency are proposing a dramatic downsizing of the IRS that would result in a nearly 20% reduction of its workforce by May 15 — one month after ...

FRANKLIN, Tenn. (WTVF) — You probably know the saying. Nothing in life is certain except death and taxes. What's different about this tax season, however, is the uncertainty surrounding the Internal ...

This item explores the risks to taxpayers and return preparers alike for certain delinquent or substantially incomplete international information returns that provide information to the IRS to satisfy ...

The IRS recently sent letters to certain corporate taxpayers advising them that effective January 1, 2009, penalties for late-filed Forms 5471, Information Return of U.S. Persons with Respect to ...