The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms ...

Even if you filed your tax return for the year, the Internal Revenue Service (IRS) on Thursday warned that taxpayers should remain on alert for some common scams to avoid losing money and personal ...

Fixing the tax code’s complexity won’t happen overnight, but it can start with eliminating obsolete rules, restoring ...

Rather than filing away your paperwork and forgetting about it, this CPA recommends using it as a source of insight to ...

every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ...

The height of tax season was the height of turmoil at the IRS WASHINGTON -- The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over t ...

Deputy Treasury Secretary Michael Faulkender became the acting commissioner of the IRS on Friday. Faulkender is the 3rd person to lead the IRS since tax season began and the 5th since Trump took ...

“Trust must be brought back to the IRS, and I am fully confident that @TreasuryDepSec Michael Faulkender is the right man for the moment,” Bessent said in a statement on X Friday afternoon.

Just two days after being named interim IRS commissioner, Gary Shapley is out of the job, CBS News has confirmed. His roughly 48 hours heading the agency where he's spent most of his career was ...

WASHINGTON—President Trump is replacing the acting IRS commissioner that he appointed just three days earlier, according to people familiar with the matter, making a sudden shift that continues ...

“IRS Commissioner Resigns” used to be an uncommon headline, but as of late, it’s one we’re seeing often. The latest resignation came earlier this month from acting Commissioner Melanie ...

President Donald Trump is replacing the fourth IRS chief this year amid complaints by Treasury Secretary Scott Bessent that he was not consulted on the appointment after Elon Musk recommended the ...