-
When you take a look around America and see the growing wealth gap, a housing shortage, generational poverty, regional disparities, the end of upward mobility, you realize these problems and others like them are all connected to the U.S. tax code. These problems didn’t happen by accident. They are the result of a fundamentally tilted tax system that favors the wealthy and punishes the middle class.
-
One expert said Texas — with more than 200 megachurches — will be the epicenter for pastors and congregations to test out their new influence.
-
The decision comes after the acting IRS commissioner resigned over a deal allowing ICE to submit names and addresses of immigrants inside the U.S. illegally to the IRS for cross-verification.
-
The Internal Revenue Service reached a deal to share tax information about some immigrants without legal status, marking a major change in how tax records can be used.
-
Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting step. The IRS is now offering a fix.
-
The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
-
A coalition of watchdog groups and unions is seeking to block the DOGE team from accessing taxpayer data at the IRS. A similar battle is brewing over Social Security data.
-
People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit.
-
The average median refund is $932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest amount of people potentially eligible for these refunds.
-
The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.