Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, said in a posting on X that his office was “hearing that DOGE is now at the IRS” and warned about p
The U.S. Internal Revenue Service is expected to fire about 6,700 employees on Thursday, a person familiar with the matter said, eliminating roughly 7% of the tax-collecting agency's workforce in the midst of the critical tax-filing season.
Kentuckians impacted by recent severe storms will have additional time to file their federal tax returns. The Internal Revenue Service announced tax relief for individuals and businesses affected by the storm that hit the state the weekend of 14.
In the U.S., it costs more than the face value to circulate certain coins like the penny and nickel. According to a 2024-dated report from the United States Mint, producing a single penny costs about 3.
Internal Revenue Service Agent Larry Edward Brown Jr., right, walks into U.S. District Court in Phoenix on Thursday, Feb. 6, 2025, for his trial on an involuntary manslaughter charge in
Companies are back on the hook to submit reports on their beneficial owners, but there’s a chance that new small businesses could enjoy leniency in the future. The Financial Crimes Enforcement Network on Wednesday extended the deadline by 30 days,
As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know when preparing their 2024 returns. These changes affect deductions, tax credits,
Elon Musk’s mission to shrink the size of the US government has put a spotlight on an obscure federal office whose work directly touches nearly every American. The US Treasury Department’s Bureau of the Fiscal Service processes billions of payments worth trillions of dollars each year,
Coin Acclaims Bill of Rights’ Right to PetitionWashington, DC, Feb. 13, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) announced today that it is releasing the fifth and final coin in the five-year First Amendment to the United States Constitution Platinum Proof Coin Series on February 20,
The Trump administration is planning more than 6,000 job cuts to the Internal Revenue Service, CBS News reports.