IRS

Taxpayers who received state refunds from Colorado and 20 other states will not be required to report those payments on their 2022 federal Internal Revenue Service return.

U.S. Sen. Kevin Cramer, R-N.D., and seven other senators have signed onto a bill that would repeal the tax threshold for reporting third-party payments.

Democrats on the House Ways and Means Committee voted Tuesday to release copies of former President Donald Trump's tax returns.

Throughout the decades, millions of Americans had small amounts from their paychecks withdrawn - before taxes were deducted - and invested the money in retirement plans.

Arizona Attorney General Mark Brnovich's office wants the FBI and IRS to investigate a conservative organization.

Penalties for most Americans who filed their tax returns late for 2019 and 2020 will be waived by the Internal Revenue Service.

A bipartisan group of lawmakers are calling on the IRS to clear its backlogs and improve customer service issues.

The U.S. House passed a $740 billion package Friday that raises taxes on large businesses, funds green energy initiatives, allows the federal government to set caps on certain prescription drugs, and doubles the size of the Internal Revenue Service to expand audits.

Lawmakers continued to raise concerns about the Internal Revenue Service at a Congressional hearing this week as the agency deals with billions in misspent dollars, hefty processing backlogs, and complaints over poor customer service.

Americans around the country are finishing up their tax filings, but some will be surprised to see lower than expected returns because of the monthly child tax credit program from last year.