We will hear a narrative that vilifies and denigrates the Internal Revenue Service as targeting average taxpayers, “the little guy,” and that they will become subjected to audit. Nothing could ...

Smith and Edwards argued in their letter that the program represented a conflict of interest for the IRS — that the agency shouldn't be in charge of both assessing taxes and enforcing them.

According to the National Taxpayer Advocate post, “the absolute worst thing taxpayers can do would be to ignore these balance due notices or any other IRS letters and notices.” The IRS has ...

the IRS asserts itself as the tax assessor, collector, preparer, and enforcer—all in one,” the letter states, asking Trump take action “including but not limited to a day-one executive order ...

Elon Musk recently polled his X followers with a simple question: Should the IRS’s funding be increased, the same, decreased or “deleted.” Regrettably, the vast majority picked the last option.

The IRS has recovered billions of dollars in taxes owed by wealthy individuals, in large part because of the muti-year modernization funding it received that helped it staff up its enforcement ...

The IRS also announced Thursday that it has collected $292 million from more than 28,000 high-income non-filers who have not filed taxes since 2017, an increase of $120 million since September.

Guest: Rosalind Rosenberg is Professor of History Emerita at Barnard College, Columbia University. She is the author of several books including Beyond Separate Spheres: Intellectual Roots of Modern ...

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season, with income thresholds gradually decreasing over the next ...

Washington — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a ...