Former Missouri congressman Billy Long was ceremonially sworn in as commissioner of the Internal Revenue Service on Friday in the Oval Office, taking over a beleaguered agency that he once sought to ...

The 'big, beautiful bill' signed by President Trump on July 4th includes a section called 'no taxes on tips.' While it sounds straightforward, the reality is more complex. This tax relief operates as ...

If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...

Sixty-one-year-old Hophine Bwosinde pled guilty to one count of aiding and assisting in fraud and false statements.

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...

Lee Zeldin, who heads the Environmental Protection Agency, administered the oath of office while President Donald Trump looked on.

This week in Washington, the Trump administration faced increasing political controversy over its handling of documents ...

The giant tax and spending bill known as the One Big Beautiful Bill Act, or OBBBA, was signed into law by President Trump earlier this month. Given all the haggling and rewriting that went on in ...

Key Points The "big, beautiful bill" provides a deduction, but doesn't eliminate the federal tax on Social Security.The ...

A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it's big news.