The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.

Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.

The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing crucial updates that will affect taxpayers when they file their returns in 2026. These adjustments, detailed in the Tax Procedure 2024-40 ...

The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent announcement.

No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans should not slash that funding.

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks.

IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.

No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle

Extra money for tax compliance, with a goal of carrying out more audits of high-earning households and big businesses, has been the subject of a back-and-forth among lawmakers since 2022, when the IRS was allocated additional funding through the Inflation Reduction Act.

When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t trying to collect additional funds from taxpayers. Instead, Treasury Officials are asking Congress to provide access to $20 billion in funding that was lost due to an error in legislative language.

For a brief moment, the IRS had the full breadth of resources it needed to investigate wealthy tax cheats, courtesy of President Joe Biden’s Inflation Reduction Act. Now, most of this funding, exceeding $40 billion, is at risk in a proposed continuing resolution to keep the government open. This is a loss for fiscal responsibility.