Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

The IRS Free File program is set to open later this week to allow eligible taxpayers to file their taxes for free using tax ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

Jan. 11 (UPI) -- Americans can begin filing their federal income taxes with the IRS starting on Jan. 27. The agency announced ...

N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border Protection agents.

Thomas Goldstein lost millions playing poker, paid hundreds of thousands to women who didn’t actually work for his company ...

House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going ...

Democratic policies have forced Americans to endure historic inflation and economic pain, and have jeopardized American ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Trump argued that the United States government has relied too much on taxing Americans for revenue, specifically pointing to the much-loathed Internal Revenue Service (IRS) efforts to collect more ...