
U.S. reaps record tax haul, boosted by meme stock frenzy
The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring.
The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring.
The IRS is expanding its capacity to process tax returns following criticisms from members of Congress about taxpayers waiting months to get their refunds.
The IRS will drop a system that required taxpayers to upload video selfies to access their info. Research has shown that AI-driven facial recognition often...
Taxpayers and return preparers should gird for a challenging and frustrating tax season as many of the processing delays and customer-service shortages that have plagued...
Financial institutions are recruiting customers to help stop a measure being considered in Congress that would require banks to hand some account information to the...
A government shutdown is still seen as unlikely but several obstacles stand in the way as leaders manage negotiations on several key issues. Here's a...
WASHINGTON — Former Attorney General William Barr told then-President Donald Trump that there was no evidence of election fraud, an assertion that was met with...
President Biden will propose boosting the capital gains rate to 39.6% for those earning $1 million or more, an increase from the current base rate...
The head of the IRS calculated that tax evasion in the U.S. may total $1 trillion a year, a figure that is multiples higher than...