The Internal Revenue Service's decision to haul a sitting Republican senator into court over a multimillion dollar tax bill has now ended in a costly surrender, but not a clean slate. Sen. Jim Justice ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

For most Americans, the IRS is something they deal with through mail, email reminders or online portals, not a knock at the ...

CLEVELAND — The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have ...

A pair of whistleblowers who worked for the Internal Revenue Service's Criminal Investigation unit have reached a settlement with the IRS and the Department of Justice over claims they faced ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Because it is classified as a trust, settlement fund earnings such as interest are taxable by the Internal Revenue Service at a maximum rate of 37%.