The Internal Revenue Service manages the collection of federal taxes and administers the statutory tax laws that provide the primary source of funding for U.S. government operations. Operating as a ...

The IRS said it collected the highest tax revenue in the agency's history, setting a new record with more than $5.6 trillion ...

The Internal Revenue Service has issued two pieces of new guidance addressing retirement-related corrections: a ...

The Internal Revenue Service today announced temporary administrative relief from reporting and recordkeeping requirements relating to taxes imposed by section 4041 (a) of the Internal Revenue Code.

Forbes contributors publish independent expert analyses and insights. Robert Goulder covers developments in U.S. and international taxation. Old habits are difficult to break. Case in point: I ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Trump administration is preparing to launch the "External Revenue ...

The Internal Revenue Service (IRS) issued private letter ruling 202641018 determining that a §501(c)(3) organization ...

Key people: Scott Bessent (commissioner), Frank Bisignano (CEO), Carolyn Singh (CoS), Kenneth Corbin (chief, taxpayer services), Jarod Koopman (chief tax compliance officer), Dottie Romo (COO), ...