No one wants to be audited by the IRS. And, in fact, very few US taxpayers ... a low of 0.7% for tax year 2021 to a high of 1.5% in 2013. On April 15, in a post on X, Treasury Secretary Scott ...

Despite President Donald Trump’s monthslong advocacy for eliminating the carried interest tax break, one of the most controversial loopholes in the US tax ... ending the loophole in the tax ...

“Now what we’re seeing is transformational change to the IRS but in a different direction,” Janet Holtzblatt, a former deputy director in the Treasury’s office of tax analysis, told The Hil ...

Earlier in April, a Reuters report suggested that the net customs duties collected in March, as per the Treasury ... and the Internal Revenue Service (IRS). This revenue comes from import tariffs ...

At such a critical moment in US history ... The IRS has also been gutted by Elon Musk’s Department of Government Efficiency, the speed of which could render the next tax season “a disaster ...