House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win over holdouts. The manager’s amendment includes changes to the state and local tax (SALT) deduction cap and proposed Medicaid reforms,

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions and the number of disaster-relief related extensions, many tax return preparers are seeing the tax filing season continue through the summer and fall.

The Trump administration has already taken tangible steps to disrupt the IRS. According to the Associated Press, the agency has seen three leadership changes in a single week and is expected to lose tens of thousands of employees due to layoffs and ...

The tax agency has shed over 20,000 employees through the deferred resignation program, and more significant cuts are still expected.

Tax policy experts fear that taxpayer services and collection efforts will face prolonged delays as a result of the rapid changes. The quick turnover in leadership and other changes are likely to ...

Tax policy experts fear that taxpayer services and collection efforts will face prolonged delays as a result of the rapid changes. The quick turnover in leadership and other changes are likely to ...

Tax policy experts fear that taxpayer services and collection efforts will face prolonged delays as a result of the rapid changes. The quick turnover in leadership and other changes are likely to ...

Billionaire Bill Ackman criticized Harvard University for failing to clamp down on antisemitic protests and agreed it needed to lose its tax-exempt status.