Instead, those who are most likely to evade detection are the people trying to hide their income in tax shelters, shifting ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...

Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...

The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...

Meanwhile, another set of orders involves federal workers. Aside from wanting workers to return to offices, the new president ...

The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over ...

Tax pros report confusion among clients about whether they still need to file their 1040s and pay their taxes. Yes, you must file. The IRS is open for business.

Find out how the right tax relief service could benefit you today.