Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Shares of major U.S. healthcare firms came under pressure Wednesday following the Centers for Medicare and Medicaid Services’ ...

Billy Long wouldn’t give a direct response when asked if the president can order the Internal Revenue Service to strip someone’s tax-exempt status.

Billy Long, President Donald Trump’s nominee to serve as IRS Commissioner, answered questions about his involvement promoting ...

Tax experts, IRS employees and former Treasury Department officials are all warning that the US government could lose hundreds of billions of dollars in revenue because of the Trump administration’s ...

The Senate Finance Committee questioned Trump's nominee about his plans for the beleaguered agency and promotion of dubious ...

Explore the intricacies of filing multiple tax returns, understand when it's permitted, the risks involved, and the ...

Have you ever wondered why some people seem to get audited by the IRS while others never hear a peep? It’s not just bad luck ...

Your five-year-old side hustle likely left a permanent digital footprint. Payment platforms like PayPal, Venmo, and Cash App now report transactions to the IRS when they exceed certain thresholds.

Revenue agents, whose job it is to audit tax returns for accuracy, made up the bulk of those fired. Those cuts affected 31 percent of the IRS's revenue agent workforce. Revenue officers, who are ...