The proposed version of the legislation boosts the standard deduction and increases the child tax credit, which would also ...

Ex-Treasury Secretary Larry Summers said Trump's IRS cuts could cost the government $1 trillion. A Yale economist told BI that his estimate is conservative, and actual losses could top $2 trillion.

Data shows the IRS' Direct File free tax-filing tool has helped save taxpayers money. Now lawmakers want to know why the Trump administration may soon pull the plug on the program. The Trump ...

As tax season progresses in the United States, many taxpayers face the process with anticipation to know the dates and amounts of refunds they will receive from the Internal Revenue Service (IRS).

For most Americans, the staffing cuts will not affect the way the IRS audits their tax returns. The reason is that audits are computerized for those with simple financial situations, i.e. the ...

Faulkender is the 3rd person to lead the IRS since tax season began and the 5th since Trump took office. Trump has nominated Billy Long for the role, but his confirmation is awaiting Senate approval.

This means that individuals and households that reside or have a business anywhere in North Carolina qualify for tax relief. But then, later down the page, it says this: The IRS automatically ...

There’s precedent for White House interference with the tax office. Trump’s Latest Weapon: The IRS Just days after many Americans filed their tax returns, their president seems eager to use ...

Languages: English. Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers to review their tax withholding to avoid unexpected tax bills or ...

Faulkender’s responses to written questions from senators shed light on his philosophy surrounding the IRS’ top priorities. On March 6, he wrote that the agency should “enforce the tax code ...

Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!” Tax-exempt status, which is decided by the Internal Revenue Service, means that these institutions do not pay ...