The Internal Revenue Service (IRS) has announced a significant policy change designed to streamline the process for taxpayers ...

How complex are your taxes? Here's how you can decide whether you can go the easy route or need the help of a pro.

The Internal Revenue Service Advisory Council (IRSAC), a key panel of experts tasked with advising the IRS on critical tax ...

Here’s a statistic to remember next year, as Congress debates extending President Trump’s 2017 tax cuts: The top 1% of income ...

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

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.

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

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

Traditional IRAs offer investors several advantages, including the ability to save for retirement without paying taxes on ...

The agency is advising American taxpayers to take advantage of various online tools on its website to help with filing taxes.

The Internal Revenue Service ( IRS) is encouraging taxpayers who plan to file their 2024 tax returns early in 2025 to secure ...