The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...

Now Republicans again will be in control as the 119th Congress convenes today. U.S. Rep. Glenn Thompson, R-Centre, ticked off ...

The battle over enhanced funding for the IRS took a new twist in December as Republican lawmakers set up another $20 billion ...

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

The highly contentious partisan fight in Congress over federal spending is creating a strong possibility of a government ...

To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.

Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...

WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...

The Biden administration said these cuts could add $140 billion to national debt over the next decade by weakening the IRS's ability to catch wealthy tax evaders.

Income Tax e-filing faces major disruption as income tax e-filing portal goes down. Thousands of taxpayers impacted, deadline ...