Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, ...

Credit Suisse’s services unit agreed to pay $511 million in fines, penalties, restitution, and forfeitures, authorities said.

It was during the Civil War when a temporary income tax ... IRS data with immigration officials. In the 1857 Dred Scott case, probably the US Supreme Court’s worst-ever decision, the high ...

The report, released last week by the Treasury Inspector General for Tax Administration, found that high-income nonfiler sweeps cases worked on by IRS revenue officers from fiscal years 2021 through ...

The Internal Revenue Service has been conducting "sweeps" in recent years to uncover cases where high-income people have not been filing taxes, but the tracking data and training need to be ...

Overall, the IRS reported a 0.9% rise in the number of tax returns received from a year ago to more than 142.5 million. The ...

In addition, 18% of revenue officers, who collect taxes, and 10% of tax examiners ... with the IRS collecting $6 for every $1 spent on audits of high-income taxpayers. The departure of auditors ...

The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...