When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.

Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit found the state owed millions of ...

“Hopefully, I can fix some problems that will make life easier for everyone.” Virtually everyone gives Landry and Nelson ...

Robert Goulder and Joseph J. Thorndike examine former President Trump’s and Vice President Harris’s proposals to exempt tips ...

IRS Commissioner Danny Werfel announced the IRS will no longer automatically assess penalties for certain late filed foreign ...

What is a "fresh start" when it comes to tax debt? It isn't as easy to get as high-priced tax relief outfits or "offer in compromise mills" suggest.

The election promises to bring more tax ramifications than any other election in recent history.It presents an opportunity to ...

The impact of the 2024 election on tax will be historic, according to Nick Gibbons, a partner at Top 25 Firm Armanino.

Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...

The same goes for the number of people affected. But a lot more people worry about inheritance tax than ever actually pay it ...

as tech founders cheered Labour's "modest" increase in capital gains tax—simply because they'd feared worse. It's like ...