Specialists have left the I.R.S. and audits have been abandoned since the president returned to office.
Category: Internal Revenue Service
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Trump Dangles Cash Payments to Assuage Affordability Concerns
With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
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Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
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Elon Musk’s Foundation Grows to $14 Billion, but Gives Little to Outsiders
The philanthropy has become one of America’s biggest, but most of its giving went to charities closely tied to the world’s richest man.
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For ‘No Tax on Tips,’ the I.R.S. Gets Intimate
The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?
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Judge Places Hold on IRS Data Sharing With ICE
A judge halted a federal deportation effort Friday, writing that the tax agency had illegally disseminated the data of some migrants.
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The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
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How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
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I.R.S. Suspends Free Online Offering to File Taxes Directly
The new program, Direct File, helped low- and moderate-income taxpayers file their returns more easily, and had been expanding.
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Trump’s Tax Cut Is Underwater. Can a ‘Refund Boom’ Save It?
Republicans are hoping a new name, along with larger refunds for many Americans next year, can buoy an economic agenda that polls show is unpopular.