News

Republicans harness tax code to punish Trump’s political nemeses
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
Institute on Taxation and Economic Policy1h
Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
Former U.S. Postal Service employees charged in $63M stolen check scheme
Four people were charged after an investigation of a $63 million scheme involving checks stolen from the mail.
JD Supra1h
Can the IRS Revoke a University's Tax-Exempt Status Overnight?
As a result of President Trump’s recent social media posts regarding Harvard University’s tax-exempt status, some ...
Rolling Out2d
Senate passes No Tax on Tips Act for service workers
The Senate unanimously passed the No Tax on Tips Act, a bill to exempt gratuities from federal taxes. It now awaits House ...
Owner of Lexington business sentenced to federal prison, owes IRS $800,000
The owner of a Lexington business that failed to pay more than $800,000 in tax withholdings to the federal government has ...
Trump’s IRS Pick Defends His Record Promoting Tax Breaks
WASHINGTON—Senate Democrats pressed President Trump’s pick to run the Internal Revenue Service on his promotion of tribal tax ...
The Desk on MSN4d
Scoop: CBS News pulls "60 Minutes" story on IRS
The CBS News program 60 Minutes pulled a story about the Internal Revenue Service hours before it was set to air on Sunday.