The author writes "Over the past two decades, the Internal Revenue Service and the Department of Justice have cracked down on the use of offshore accounts and vehicles to evade U.S. income taxes.

As the IRS kicks off the tax filing season on January 27, taxpayers are eager to ensure a seamless process. Understanding the ...

The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), ...

University of Southern Indiana students in the Romain College of Business will provide free federal and state income tax ...

The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...

Eighteen new members have been named to the Internal Revenue Service Advisory Council .

President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect ...

Starting today, almost all tax filers can submit returns electronically using IRS Free File on IRS. Gov. The returns will be ...

Provisions of the Secure 2.0 Act took effect Jan. 1, but regulators only last week proposed rules to govern new automatic ...

Taxpayers may submit returns to the IRS starting Jan. 27, 2025. Free filing services are available. Here's what you need to know about tax season.