The House is set to break for its summer recess starting on July 25, leaving fewer than 20 legislative days on the schedule ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Speculations about a $2,000 fourth stimulus check slated for July and August 2025 have circulated widely this week ...

The combined tax revenues of the government’s two main collecting agencies posted a double-digit growth in June, auguring ...

The Trump administration’s attack on Harvard University is an unprecedented campaign by the U.S. government against an institution of higher education.

President Donald Trump continues to face backlash from his MAGA supporters over his administration's handling of the Jeffrey ...

Former Missouri congressman Billy Long will be ceremonially sworn in as commissioner of the Internal Revenue Service on ...

The IRS faces potential turmoil in the 2026 tax season due to significant staff reductions. Despite a successful 2025 season, experts warn that the agency's ability to manage upcoming challenges is at ...

Preserving generational wealth with trusts, life insurance and annual gifts are among key strategies for the current $84 trillion wealth transfer.

In a stipulation included in a Joint Motion for Entry of Consent Judgment, the IRS stated that when a church communicates ...

THE Bureau of Internal Revenue (BIR) said it increased the floor price for cigarettes and vape products. In a revenue ...

The Internal Revenue Service, in partnership with the Security Summit, is sounding the alarm over a surge in sophisticated phishing schemes targeting tax professionals. As part of ...