Trump and his eldest sons file $10B lawsuit against IRS, Treasury Departent over leaked tax records
President Trump, Donald Trump Jr., and Eric Trump filed a $10 billion lawsuit against the Internal Revenue Service (IRS) and ...
Tag: irs
What to know about Trump’s ‘no tax on tips’ as IRS releases new guidance on overtime rules
The IRS has released its guidance for the “no tax on tips” and “no tax on overtime” provisions of the One Big ...
Savers get higher 401(k) and IRA limits for 2026 as new IRS rules take effect
The IRS raised the 401(k) contribution limit to $24,500 for 2026, giving workers another $1,000 in tax-deferred savings room — ...
High earners will lose 401(k) tax break in major retirement rule change starting 2026
A popular tax break for workers nearing retirement age allowing them to make extra catch-up contributions is changing next year, ...
The IRS says audits are about to surge — here’s who’s most at risk
The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the ...
Tax refunds are much smaller so far this year, IRS says
Tax refunds so far this year are noticeably smaller than they were at the same time last year, according to ...
IRS warns of new ‘scam mailing’ scheme to trick taxpayers
The Internal Revenue Service warned that thieves are resorting to a new “scam mailing” scheme this tax season, swindling taxpayers ...
Lijuan Chen arrested for counterfeit postage that cost USPS $60M
A California woman who ran a shipping business was arrested for allegedly mailing more than 9 million parcels using counterfeit ...
Texas cattle ranchers audited by IRS issue dire warning to Americans
Texas cattle ranchers David and Deborah Hajda issued a dire warning to America’s middle class after Democrats’ spending bill passed ...
Elon Musk mocks Congress for hiring 87,000 new IRS employees
Billionaire troll Elon Musk mocked the IRS for hiring an additional 87,000 employees on Thursday. The IRS will be making the hires using ...
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