Under this provision, in effect through the 2025 tax year, the Internal Revenue Service allows family caregivers to claim individuals who can't take care of themselves and are related by adoption, ...

President Donald Trump’s attempt to hollow out the IRS workforce revealed a major flaw. Who’s going to process millions of tax returns in their absence? The Trump administration fired ...

The U.S. House of Representatives has taken the first significant move to erase the work of the Internal Revenue Service to impose a tax regime on decentralized financial (DeFi) platforms in the ...

A significant tax overhaul in 2017 bulked up standard deduction amounts, and in recent years, the IRS has made them even bigger as inflation soared. Premium: See offer landing page for details.

We’re continuing to follow reports that the Donald Trump administration has fired more than 6,000 IRS workers, many of them in collections and enforcement. The administration said it’s doing ...

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(NEXSTAR) – With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns — or their refunds — will be affected. A government official who ...

Tax filing season is upon us, and some people are worried it may take longer to get their refunds as President Trump says he intends to make significant cuts to the IRS during its busy period.

Massive IRS layoffs raise concerns about the agency's ability to enforce tax laws and collect revenue, particularly from wealthy individuals. (AP File) IRS layoffs of 7,000 probationary workers could ...

Plus, all the good things happening to fellow Smarties! Things are getting tense at the Internal Revenue Service. Layoffs are looming smack in the middle of tax season as part of DOGE’s mission ...

The IRS requires you to file a federal return once ... Here is a sample list: Includes your Social Security number (or tax ID number) and the numbers for your bank account to receive your tax ...

The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season, perhaps as soon as this week. The layoffs are set to occur ...