You could face prison for deceiving or ignoring the IRS, but it isn't common. Here's how to avoid this misstep.

It's not uncommon to face an unexpected tax bill that you can't afford to pay immediately. If you can't pay your taxes on time, the IRS doesn't immediately resort to extreme measures. Instead, the ...

The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.

That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve their outstanding tax debt, and knowing what these options are — as well as ...

Top Democrats on Capitol Hill are leveraging all the tools at their disposal as they rail against Elon Musk’s efforts to gut ...

The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.

Tunnellers working on the Hinkley Point C nuclear project in Somerset claim they could face hefty tax bills over a dispute about lodging allowances.

The move was announced Tuesday, coming after the U.S. imposed an additional 10% tariff on Chinese goods and ended a customs ...

Tunnellers working on the Hinkley Point C nuclear project in Somerset claim they could face hefty tax bills over a dispute about lodging allowances.

In this episode of Tax Notes Talk, Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax ...

President Trump declared on Tuesday that Palestinians had no choice but to leave Gaza because of the devastation wrought by ...

Trump has called on Jordan, Egypt and other Arab countries to take in Palestinians from Gaza following the destruction of the ...