Billionaire Elon Musk called Treasury Secretary Scott Bessent a "Soros agent" as the two fought in the White House ...

Musk and the Treasury Secretary reportedly square up to each other during a White House scrap - one of many clashes between ...

Passive income ideas can be anything from a profitable hobby to a full time commitment, but are often more flexible than a ...

A Manhattan jury found Nadine Menendez, wife of former U.S. Sen. Bob Menendez, guilty on all 15 counts in a bribery and fraud case.

Ex-Treasury Secretary Larry Summers said Trump's IRS cuts could cost the government $1 trillion. A Yale economist told BI that his estimate is conservative, and actual losses could top $2 trillion.

American taxpayers reported nearly $15 trillion in adjusted gross income in 2022, according to Internal Revenue Service data. Meanwhile, the U.S. imported roughly $3 trillion worth of goods that year.

Issue: Whether a proceeding under 26 U.S.C. § 6330 for a pre-deprivation determination about a levy proposed by the Internal Revenue Service to collect unpaid taxes becomes moot when there is no ...

Commerce Secretary Howard Lutnick boasted last month, “We’re gonna make the External Revenue Service replace the Internal Revenue Service.” Around the same time, Republican Sen. Josh Hawley ...

Republican Dwight Eisenhower endorsed Truman's reform plans and in 1953 changed the agency's name to the Internal Revenue Service. A free daily email with the biggest news stories of the day ...

IRS improved taxpayer services but slow to resolve identity theft, independent watchdog says An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats ...