House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win over holdouts. The manager’s amendment includes changes to the state and local tax (SALT) deduction cap and proposed Medicaid reforms,

Trump plans to eliminate the IRS, pushing tariffs and a national sales tax as alternatives—raising big questions for Americans' finances.

The IRS faces major challenges with mass layoffs, leadership turmoil, and operational disruptions in 2025. What do the changes mean for you?

House Republican Speaker Mike Johnson (R-LA) took a victory lap in a speech Thursday in which he cheered President Donald Trump for his leadership. Meanwhile, the bill he's so excited about still must pass the Senate — and things aren't looking good.

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions and the number of disaster-relief related extensions, many tax return preparers are seeing the tax filing season continue through the summer and fall.

The Internal Revenue Service (IRS) has appointed Trish Turner, a 20-year veteran of the agency, as the new head of its digital assets division. The leadership change comes just as the IRS faces internal upheaval and external criticism over its crypto enforcement strategy.

As mentioned, those changes included improvements to customer service, an increased focus on wealthy “tax cheats,” and a new IRS free filing program, to name a few initiatives. New leadership ...