New IRS tax brackets take effect in 2023, meaning your paycheck could be bigger
Higher tax brackets announced by the IRS in October are set to take effect this year, potentially allowing more Americans to shield their income from the government.
Trump tax returns: Five notable facts
Federal income tax returns filed by former President Donald Trump and former First Lady Melania Trump show a few surprises including in as well as cryptocurrency views, a refund status in the millions and their position on cryptos.
IRS updates guidance on 1099-Ks: What to know
The IRS issued an updated frequently asked questions document about common taxpayer questions regarding Form 1099-K, including the recently delayed $600 reporting threshold.
IRS hiking interest rates Jan. 1
The Internal Revenue Service will raise interest rates for overpayments and underpayments at the start of the new year for both individuals and corporations.
Steve Moore: This is a betrayal of the Democrats and IRS
FOX Business' Gerri Willis and FreedomWorks senior economic contributor Steve Moore react to the IRS delaying the implementation of a $600 threshold on transactions on 'Making Money.'
IRS delays new tax-reporting rule on Venmo, PayPal payments over $600
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.
Donald Trump's tax returns expected to finally become public in coming days
Former Deputy Assistant Attorney General Tom Dupree breaks down what might be found in former President Donald Trump's tax returns on 'The Evening Edit.'
5 things to know about your 2023 taxes
There are a number of notable changes taxpayers should be aware of in the 2023 tax year as the IRS updates brackets, caps, and thresholds to account for inflation.
New IRS tax rules on Venmo, PayPal payments over $600 could 'overburden' Americans
Taxpayers need to prepare to report transactions exceeding $600 that are received through Venmo, PayPal and other cash apps to the IRS starting in 2023.
Biden's weaponized IRS is coming for your Venmo account
Biden's rogue IRS's new target is anyone who uses PayPal, Venmo, Cash App, or the like for more than $600 worth of transactions.
Citadel's Ken Griffin sues IRS over 'unlawful' tax return leak
Billionaire investor and Citadel CEO Ken Griffin filed a lawsuit against the IRS after his confidential tax records were leaked and reported publicly.
Small businesses find risky tax loophole to dodge new IRS rules
Tax controversy attorney Adam Brewer unpacks how a Zelle loophole to new IRS regulations on apps like Venmo could spell trouble for taxpayers.
Can inflation return to pre-pandemic levels under Biden administration?
Florida Rep. Kat Cammack and former Trump economic adviser Steve Moore discuss inflation and Arizona Sen. Kyrsten Sinema's departure from the Democratic Party on 'The Evening Edit.'
New IRS rule on Venmo, Cash App payments threatens to sweep up millions of Americans
Taxpayers need to prepare to report transactions exceeding $600 that are received through Venmo, PayPal and other cash apps to the IRS starting in 2023.
For FTX customers, IRS Ponzi rules loom large
Tax expert says FTX customers should get guidance from the IRS in 2023 on how to report losses from Sam Bankman-Fried's bankrupt cryptocurrency exchange to avoid amending tax returns.
IRS to begin sending 1099-K forms for some payments
Sen. Mike Braun, R-Ind., explains the details regarding the IRS starting to send out 1099-K forms for some payments on ‘Fox Business Tonight.’
Still missing your tax refund? The IRS will soon pay you 7% interest
Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the Internal Revenue Service – but the money is taxable.
IRS reminding people to report online payments is 'totally offensive': Ben Domenech
The Spectator Editor-at-Large Ben Domenech discusses the IRS 'targeting' the middle class and the impact of the Georgia Senate election on the Republican Party.
Trade balance report, stocks tied to economy, IRS refunds and more: Tuesday's 5 things to know
Stocks closely tied to the U.S. economy dropped sharply Monday, with big regional banks PNC Financial Services and Regions Financial leading the way.
IRS says your tax refund could be smaller in 2023 – here's why
The Internal Revenue Service warned that tax refunds could be smaller in 2023 due to a lack of stimulus checks delivered by the federal government this year.