News

Trump’s plan to replace income taxes with tariffs -- per a tax policy breakdown by ChatGPT -- could raise prices, slash federal revenue and widen inequality.
The IRS sent RIF notices to nearly 80% of staff at the Office of Civil Rights and Compliance, but kept layoffs on hold after a recent Supreme Court ruling.
The Treasury Inspector General cited IRS records saying that 25,386 employees separated from the IRS this year after President Donald Trump’s executive order to shrink the agency.
Late Thursday, Trump ordered new tariff rates for 66 countries, the European Union, Taiwan and the Falkland Islands. Among ...
Thinning the ranks of the IRS is a good thing. But there's still the issue of an incomprehensible tax code funding an ...
Taxpayers may be able to claim the PWA multiplier for certain credits if a project’s “beginning of construction date” is before Jan. 30, 2023.
Confused about a $1,400 stimulus check the IRS now wants back? Learn why the IRS is issuing repayment letters and how to ...
The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, provides for enhanced restrictions on ...
A new tax deduction introduced by President Donald Trump offers a $6,000 benefit for seniors, but its impact is limited. While it provides financial relief for some, a significant portion of the ...
Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...
Are we getting a stimulus check in July 2025? Here's status update, amount of stimulus checks, how to track IRS refund check by social security number ...
Depending on your state and circumstances, an inheritance may be taxed, or not. An IRS website tool can help you find the answer, says Julie Jason.