President Trump joined the National Prayer Breakfast in the Capitol on Thursday, taking part in a more than 70-year-old ...
This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.
IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration ...
If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.
The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government agency ...
Copyright 2025 The Associated Press. All Rights Reserved. A sign is displayed outside the Internal Revenue Service building ...
“For far too long, we have relied on taxing our great people using the Internal Revenue Service (IRS),” President Trump said in a post on Truth Social days before his January 20 inauguration.
Gov. Glenn Youngkin (R) has proposed making Virginia the first state to deliver a no-tax-on-tips policy, but House Democrats ...
WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent ... Among his responsibilities will be investigating the feasibility of creating an External Revenue Service to collect ...
What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.
The agency announced a series of expanded and new programs designed to aid the tax filing process as a part of a modernization effort initiated by the 2022 passing of the Inflation Reduction Act.