The dependent care assistance limit remains at $5,000 and has not changed for a number of years.

The IRS has announced the 2025 annual dollar limitations for retirement plans based on the applicable cost-of-living adjustment guidelines, with ...

In a blog post Thursday, Collins called attention to a notice of proposed rulemaking that would make exceptions to the 45-day ...

During the fiscal year, the IRS collected more than $5 trillion in tax revenue, more than $98 billion in enforcement revenue, and it distributed $553 billion in federal tax refunds. This year’s tax ...

The U.S. Department of Defense Office of Inspector General (OIG) says agents are on scene at Alfie Oakes' home in Naples and ...

The Internal Revenue Service released its annual financial information Thursday in its fiscal year 2024 Financial Report, ...

In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.

When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

House Republicans are demanding answers about potential retaliation against IRS whistleblowers who brought claims of ...

Hiring a lawyer to navigate longstanding IRS tax issues can make a significant difference in achieving a favorable resolution ...

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

"If you want the IRS out of your hair, the quickest way to stop the wage garnishment is to pay off your balance due in full, ...