The Internal Revenue Service's decision to haul a sitting Republican senator into court over a multimillion dollar tax bill ...

US student loan borrowers face key tax changes as 2025 ends. Federal student loan forgiveness will again be taxable, and the ...

The Government has appointed IRS officer Vivek Chaturvedi as the chairman of the Central Board of Indirect Taxes and Customs ...

The Trump-era promise to shield service workers' tips and overtime from federal tax has finally arrived in the form of ...

If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

Terry Rozier, the NBA player facing criminal sports betting charges, has resolved at least one other matter with the federal government: a multimillion-dollar tax lien. On Oct. 29, the IRS filed a ...

The SECURE 2.0 Act, passed in 2022, has been making waves in the way Americans approach retirement. From making enrollment in ...

Vivek Chaturvedi, IRS officer, appointed as the new chairman of the Central Board of Indirect Taxes and Customs (CBIC).

Retirees who have long watched a slice of their monthly checks go back to the government may finally see relief. A new ...

Employees would be allowed to transfer a portion of their savings into an annuity while they are still working under the proposal.

Before his elevation, Chaturvedi served as the Principal Director General of Vigilance and Chief Vigilance Officer at CBIC, ...

Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...