The IRS has terminated 6,700 employees, including auditors and collection staff, amid efficiency concerns and political disputes over funding.
Dorian Farmer pleads guilty to embezzling employment taxes and not filing returns, facing six years in prison.
Several hundred IRS employees in Philadelphia have been fired, which could impact the timeliness of your refund.
The deadline for Congress to keep the government funded is only a month before the tax filing deadline, creating a whole array of new concerns and questions.
President Musk's DOGE cuts have hit the IRS! NBC Philadelphia is reporting that around 400 Philadelphia IRS employees were laid off on Thursday as part of Musk's DOGE cutbacks. These were employees ...
Donations to charity can be tax-deductible if you donated to an IRS-recognized charity in 2024 and did not receive anything in return.
Plus: Job losses at IRS, taxpayer privacy, Congress is making progress on the budget, changing your name, taxes on tips, tax ...
President Donald Trump has a skeptical stance on the Internal Revenue Service — and some people seem to be taking that as a ...
With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.
In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway’s companies last ...
One of the most common notices from the IRS that my clients receive relates to distributions from their Health Savings Accounts (HSA). It is important to properly report these distributions from ...
Warren Buffett's safest passive income stocks are perfect for baby boomers looking to supplement Social Security or pension payments.
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