Democratic Minnesota Gov. Tim Walz called "bulls---" on Wednesday when responding to the IRS decision to tax Minnesotans on a rebate check.

The Internal Revenue Service is warning taxpayers and tax professional to look out for suspicious emails and text messages that could be from fraudsters as tax filing season nears.

The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.

In 2021, Democrats lowered the reporting threshold for online transactions to an unreasonably low level of $600 or more – and Congress had until Dec. 31 to fix this error.

A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.

The IRS on Thursday announced the new income limits for the different tax brackets as still-high inflation continues to squeeze Americans financially.

Treasury Secretary Janet Yellen condemned Republican efforts to claw back funding for the IRS in its effort to provide Israel with $14 billion in aid.

The IRS said Wednesday that it lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans next year.

The IRS on Friday announced that it has brought in a cumulative $160 million from its efforts to crack down on wealthy Americans evading their taxes.

The IRS plans to launch a free tax-filing program in 13 states for select taxpayers, projecting that hundreds of thousands will participate in the pilot.

The Internal Revenue Service is providing tax relief to individual and corporate taxpayers impacted by Hamas' terrorist attack on Israel for one year following the Oct. 7 attack.

Microsoft just disclosed that the Internal Revenue Service (IRS) has asked for a hefty sum of taxes that it believes the tech company has not paid. The total was $28.9 billion.

Treasury recently released a report casting doubt on the IRS's ability to limit audits on those making over $400,000 per year, making a key Biden promise difficult

A new Internal Revenue Service rule targeting ticket resellers for concerts and sporting events could impact a large number of Americans after lowering tax reporting thresholds.

The IRS is seeking to hire 3,700 new workers to ramp up enforcement on wealthy tax cheats with funding included in the Democrats' Inflation Reduction Act.