News

The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...
Many forms must be filed electronically, including the 990 series and the e-postcard. The IRS will send back returns filed on ...
The IRS offers the amended tax return process to ensure accurate federal tax records for individuals or entities. Even for ...
Created by the Inflation Reduction Act, Direct File rolled out as a pilot in the 2024 filing season and was later made permanent by the Biden administration. This past tax season, ...
That’s where Form 2441 comes in. In this guide, we’ll walk you through what IRS Form 2441 is, who can use it, what counts as a qualifying expense, and how to file it right. By the end ...
The Trump administration is reportedly considering ending the IRS Direct File program, a free electronic filing system that allowed taxpayers to submit their returns directly to the agency.
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 ...
The acting head of the Internal Revenue Service (IRS) was replaced after Treasury Secretary Scott Bessent complained to President Donald Trump that he was installed by billionaire SpaceX CEO Elon ...
“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 ...
“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 ...
Acting IRS Commissioner Gary Shapley is departing the agency amid disagreements between Treasury Secretary Scott Bessent and presidential adviser Elon Musk, multiple media outlets reported Friday.