The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Danny Werfel, who had two years remaining on his term, said he made the decision after “significant introspection and consultation.” An AICPA statement praised Werfel for “moving the IRS in the right ...

Bitcoin at $100,000. Can you believe it? Investors are clearly feeling optimistic about the incoming Trump administration and its promise of deregulation, particularly in the crypto space. With key ...

In a significant move to alleviate financial stress, the IRS has announced tax relief measures for individuals and businesses ...

Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.

The owner of three restaurants paid “under-the-table” wages of $1,496,417 to multiple employees and pocketed the state and ...

The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...

With tax season approaching quickly, the Illinois Department of Revenue (IDOR) and the Internal Revenue Service (IRS) are ...

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration ...

Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early ...

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...