WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email sent Monday from IRS official ...

When the federal government shutdown left IRS lawyer Isaac Stein temporarily out of work, he decided to fire up a different kind of business, a street hot dog cart called Shysters Dogs. Stein, who ...

The Trump administration is preparing sweeping changes at the Internal Revenue Service that would allow the agency to pursue criminal inquiries of left-leaning groups more easily, according to people ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Editor: Rochelle Hodes, J.D., LL.M. DII equals the corporation’s DEI minus its deemed tangible income return (DTIR). DTIR is 10% of the corporation’s qualified business asset investment (QBAI), ...

WASHINGTON — The Internal Revenue Service (IRS), in coordination with the U.S. Department of the Treasury, announced Tuesday that paper tax refund checks for individual taxpayers will be phased out ...