Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, ...

Last Friday, the IRS said it has received over 101 million tax returns and issued more than 67 million tax refunds. Through ...

Internal Revenue Service workers are expecting to soon learn their employment fate, coinciding with Tuesday’s tax-filing deadline and their busiest week of the year.

Sabotaging the agency’s work amounts to an inducement for the ultra-rich to treat taxes as a voluntary contribution.

The agency is being gutted at the same time that its revenue will determine how much longer the government can operate before ...

President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Here's what economists say on ...

But, generally, people said, it will be a very different IRS in 2026 — or even October 2025, for anyone who took ... cuts planned elsewhere in the budget. The White House’s budget contemplates ...

He also spent decades in the private sector as a fixer, working to get tottering entities such as the Penn Central company , ...

Taxpayer advocates warn staff cuts may create more confusion for taxpayers and make it harder to crack down on tax fraud.

The IRS touted big enhancements to Direct File this year, and with the tax deadline so close, it might be the best option for ...