The tax-code overhaul of 2017 slapped a 1.4% tax on certain endowments, including Harvard's. Some Republican lawmakers have been pushing for a far steeper tax on endowments as they negotiate tax ...

The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...

The Department of Government Efficiency has reportedly ended a lease for an Internal Revenue Service office in Michigan.

More than 11,400 IRS employees have either received termination notices as probationary employees or voluntarily resigned, ...

Over 1 million Americans were eligible for a $1,400 stimulus check by December 2024. The IRS extended the opportunity to ...

The Internal Revenue Service lost 31% of its auditors from buyouts and layoffs tied to Elon Musk’s Department of Government ...

A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax ...

HSAs are available only to people with a high-deductible health plan, which the IRS defines for 2026 as a plan with an annual ...

Post-April 15, the IRS is ramping up efforts to identify tax fraud and errors. With a focus on false deductions and ...

Republicans in Congress are proposing an alternative plan: replacing income tax with a national sales tax. Representative ...

Remember when Donald Trump declared “I will never allow the IRS to be used as a political weapon” in 2019? Six years later, ...