IRS

WASHINGTON — Presidential son Hunter Biden sued the Internal Revenue Service on Monday for what he calls an invasion of his privacy even as he faces unrelated felony gun charges. Biden’s lawsuit filed in U.S. District Court for the District... Read More

WASHINGTON — The Treasury Department on Friday released its long-awaited proposed guidance on which “clean” energy vehicles will be eligible for up to $7,500 in consumer tax credits. The Notice of Proposed Rulemaking from the department and the Internal Revenue... Read More

WASHINGTON — The Treasury Department and the Internal Revenue Service issued new guidance Tuesday on changes to the tax credit for electric vehicles now that President Joe Biden has signed the Inflation Reduction Act into law. While the reforms in... Read More

WASHINGTON — Former President Donald Trump cannot block Congress from obtaining his tax returns as part of a House investigation into audits of sitting presidents by the IRS, a federal appeals court ruled Tuesday. The decision by the U.S. Court... Read More

WASHINGTON — Sens. Bob Menendez, D-N.J., and Bill Cassidy, R-La., are leading an effort to convince the U.S. Department of the Treasury and the Internal Revenue Service to provide penalty relief for taxpayers amid what they describe as the “extensive”... Read More

WASHINGTON — As Congress finally looks ready to vote on infrastructure and spending bills, policy experts on both sides of the aisle have focused on one key initiative that was put forward to pay for new government investments — tax... Read More

WASHINGTON - The Biden administration is reversing course on a proposal that would have required banks to flag private accounts to the Internal Revenue Service when an individual deposit or withdrawal exceeded $600. A revised plan, expected to be announced... Read More

WASHINGTON (AP) — A proposal to strengthen IRS enforcement to crack down on tax scofflaws and help fund a nearly $1 trillion bipartisan infrastructure spending bill is officially off the table, Republican Sen. Rob Portman said Sunday. Portman, who is... Read More

WASHINGTON - The Internal Revenue Service is poised to give Americans extra time to file their taxes as a result of the pandemic, according to a published report. Instead of the usual April 15 deadline, filers will have until May... Read More

WASHINGTON - Rep. Abigail Spanberger, D-Va., is calling on the Internal Revenue Service to immediately extend the 2020 tax filing deadline an additional three months — to July 15, 2021. Central Virginia taxpayers currently have until Thursday, April 15, 2021... Read More

WASHINGTON -- Lawmakers joined the Internal Revenue Service’s commissioner Wednesday in making a plea to upgrade the computers and staff that collect the nation’s taxes. They said budget cutbacks and the coronavirus have resulted in shortcomings in the agency’s ability... Read More

WASHINGTON - In an unprecedented move, President Donald Trump's name will be printed on the stimulus checks the Internal Revenue Service is about to start sending to millions of Americans across the country. The inclusion of Trump's name was first... Read More

WASHINGTON - The Trump administration announced Tuesday that individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline to July 15. The extension is an effort to inject... Read More

Representative Richard Neal, D-Mass., chairman of the House Ways and Means Committee Friday issued subpoenas for six years of President Donald Trump's tax returns. The subpoenas give Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig until 5 p.m. next... Read More

The chairman of the House Ways and Means Committee Wednesday formally requested that the Internal Revenue Service turn over six years of President Donald Trump's personal and business tax returns. In a letter to IRS Commissioner Charles Rettig, Representative Richard... Read More