Rep. Jason Smith previously asked the IRS to strip AFGJ of its tax-exempt status, alongside other nonprofit organizations ...

IRS is sending out thousands of denial letters on Employee Retention Credit (ERC) claims. What steps can you take and should ...

The latest decision in Mukhi v. Commissioner came after a flurry of activity involving the IRS' ability to assess the penalty ...

The IRS alerted Sen. Joni Ernst (R-IA) that 860 of the agency's employees still owe millions of dollars in back taxes despite ...

Beginning January 1, overpayment and underpayment interest rates will be 7 percent annually, compounded daily.

Phil Anderson found out his social security number was switched with his late daughter’s, and the government had labeled him ...

Each of these changes can help you to increase your retirement savings by enabling larger contributions and better tax breaks ...

Roger Ver grew up in Silicon Valley, founding a computer company called MemoryDealers at the precocious age of 19. He also ...

The Internal Revenue Service's Interest rates will decrease for the calendar quarter beginning Jan. 1.

The penalty for underpaying your taxes will be a little cheaper in the new year — although it remains relatively steep.

Donald Trump's re-election brings uncertainty to the tax landscape, including proposals for both numerous tax breaks and ...

Amgen Inc. may ultimately have to pay as much as $10.7 billion in taxes, interest and penalties to the IRS—nearly as much as ...