News

In the last year, 379,000 Americans have become millionaires. The research found that about 800,000 households across the U.S. brought in at least $1 million, which is more than double the amount from ...
Representative Greg Steube (R-FL) is introducing legislation preventing the World Health Organization (WHO) from accessing Americans' records. Specifically, ...
Democratic California Sen. Adam Schiff has created a new legal defense fund amid a Department of Justice (DOJ) probe into his ...
The Treasury Inspector General for Tax Administration said the Internal Revenue Service terminated probationary employees, as ...
Taxpayers are unable to get through to live help through the IRS's toll-free phone lines, even when the IRS claims its wait ...
A 401(k) loan can boost retirement plan participation and offer low-cost borrowing in emergencies—if you understand the tradeoffs.
United States Treasury Secretary Scott Bessent said that although Congress is currently weighing the possibility of sending the American people more money due to tariffs, those checks wouldn’t be ...
The Trump administration’s push to make English the official U.S. language threatens decades of progress in taxpayer services ...
While mostly hoping to slash the agency, there is one part of the Internal Revenue Service where President Trump is seeking to significantly add staffing: customer service. While the White House ...
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts.
Learn the key differences between qualified and non-qualified retirement plans, including tax advantages, contribution limits, and who they’re best for.
The Internal Revenue Service allows businesses to report income and expenses on an accrual, rather than a cash basis, provided that annual tax returns clearly and consistently reflect transactions ...