Officials have offered advice on how low- and moderate-income taxpayers can save for retirement and potentially earn a tax ...

The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in ...

Want a more efficient federal government? A new paper argues that adequately funding agencies can make a big difference, ...

Elon Musk has asked social media users if funding for the Internal Revenue Service (IRS) should be "deleted" in a poll on X, ...

The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the ...

As the nation’s tax season approaches, the Internal Revenue Service is reminding people of simple steps they can take now to ...

Congress has until late December to fund the federal government as the Internal Revenue Service is running out of enforcement ...

Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by ...

The IRS and audits provide a simple but powerful lesson in government effectiveness, demonstrating that enforcing a standard ...

Between all the talk of fiscal commissions and efficiency agencies, it seems like the question of the day is how to make the U.S. government operate more proficiently. There is no shortage of ideas on ...

In response to the growing virtual currency market, the IRS shares comprehensive guidelines on cryptocurrency taxes. Read on ...

A capital loss occurs when you sell a capital asset for less than you bought it. Capital losses can reduce your taxable income. Read on to learn how to put them to use.