The tax agency is ramping up audits and criminal investigations into unscrupulous promoters of the Employee Retention Credit.

Legislation to end double taxation between Taiwan and the United States is intended to spur semiconductor investment but is likely to rankle U.S. relations with...

Wally Adeyemo, the highest-ranking member of the African diaspora in the Biden administration, emigrated from Nigeria to the United States as a child.

The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.

Large companies are bracing for the impact of a 15 percent tax that went into effect this year.

Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have...

An $80 billion infusion has helped improve customer service, but the tax agency continues to face uncertainty over future funding.

A pandemic-era lifeline that the Trump administration predicted would turn a profit for the federal government failed to keep Yellow afloat.

The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.

Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss...