Social Security Administration Commissioner Frank Bisignano was named to the newly created position of CEO of the IRS on Monday, making him the latest member of the Trump administration to be put in charge of multiple federal agencies.
A federal EV tax credit worth up to $7,500 ends Sept. 30. But the IRS has just clarified that shoppers don't need to actually have the keys in hand by the deadline to get the credit.
The decision comes after the acting IRS commissioner resigned over a deal allowing ICE to submit names and addresses of immigrants inside the U.S. illegally to the IRS for cross-verification.
The Internal Revenue Service reached a deal to share tax information about some immigrants without legal status, marking a major change in how tax records can be used.
Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting step. The IRS is now offering a fix.
The IRS says some Americans who have not filed their 2021 tax returns could be eligible for a pandemic-era relief payment, as long as they do so by April 15. Here's what to know as Tax Day approaches.
The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get. But if their dealers skipped a step, it was a different story.
The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
With tax season upon us, many people are paying someone or a software to get their tax returns done. A small group of people, however, are filing online directly with ... the IRS. For free. Today on the show: how the IRS's tax filing experiment came to be, how it's been working so far, and who doesn't like it.
