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The IRS announces no change in interest rates until the next quarter
The Internal Revenue Service (IRS) has confirmed that there will be no changes to the interest rates for the upcoming quarter ...
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IRS to raise interest rates for tax overpayments and underpayments
The IRS will increase interest rates for overpayments and underpayments starting July 1. Here’s what taxpayers and ...
GOP bill proposes new tax cuts. Here's how it could impact your money.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...
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Improper payment rate still too high at IRS
The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper ...
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IRS opens grant applications for free tax counseling programs
IRS now accepting VITA and TCE grant applications through May 31, 2025, to support free tax prep for seniors and low-income ...
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IRS Workforce Reductions: Delays and Increased Legal Challenges
A May 2 report from the US Treasury Inspector General for Tax Administration (TIGTA) found that as of March, the Internal Revenue Service ...
Trump wants to 'abolish' the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...