The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings. The IRS has also overseen various benefits programs, and enforces portions of the Affordable Care Act.
According to a report by Reuters, on Saturday, US Treasury Secretary Steven Mnuchin said that he could not commit to meeting Democrats' April 23rd deadline for turning over President Donald Trump's tax..
Michael Avenatti is being charged on 36 counts of perjury, fraud, failure to pay taxes, embezzlement, and other financial crimes. Business Insider reports he could result in up to 335 years in prison...
U.S. President Donald Trump on Wednesday held steady in his refusal to publicly release his tax returns despite mounting pressure in Congress for their disclosure that is likely to spur a legal battle...
The House of Representatives passed the Taxpayer First Act on Tuesday. It includes a provision banning the Internal Revenue Service (IRS) from creating a free electronic tax filing program. The bill is..
Washington (CNN)Congressional Democrats will "never" obtain President Donald Trump's tax returns, acting White House chief of staff Mick Mulvaney said Sunday. "Nor should they (obtain the documents)"..
The New York Times reported that President Donald Trump wanted to fast-track the IRS chief counsel’s nomination. According to Business Insider, Trump choose Michael Desmond for the position. He spoke..
House Ways and Means Committee Chairman Richard Neal told reporters on Thursday that he was 'not surprised' at President Trump's claim that his taxes are being audited and cannot therefore be released..
Democrat Representative Alexandria Ocasio-Cortez on Twitter mocked President Trump, after he again claimed that an ongoing audit meant he was unwilling to release his tax returns. "We didn't ask you,"..
President Donald Trump said on Wednesday he was 'not inclined' to release his tax returns because they were under audit by the IRS. U.S. House Ways and Means Committee Chairman Richard Neal has asked..
Only one in five U.S. taxpayers expect to pay less income tax this year as a result of the tax reform law passed in 2017 by Republicans who promised big savings for everyday Americans, according to a..
U.S. Treasury Secretary Steven Mnuchin said on Saturday he could not commit to meeting Democrats' new April 23 deadline for turning over President Donald Trump's tax returns to them, adding that he.. Reuters - Published
The Internal Revenue Service missed the April 10 deadline to provide the House Ways and Means Committee with six years of President Donald Trump's personal and business tax filings, but the committee's.. WorldNews - Published
The Democratic chairman of the U.S. House Ways and Means Committee on Saturday set a new April 23 deadline for the Internal Revenue Service to comply with his request for six years of President Donald.. Reuters - Published
"We have Donald Trump's tax returns here in the state of New York and we can provide them to Congress if the IRS, if the Treasury Department won't," N.Y. state Sen. Brad Hoylman told CBS News CBS News - Published
Treasury Secretary Steven Mnuchin denied House Democrats’ demand to release six years of President Trump’s tax returns on Wednesday, according to The New York Times. Mnuchin's letter said the.. WorldNews - Published
In our Eye on Money series, we talk about the rush to file tax returns. There is less than a week left for many people to meet the April 15 deadline. Massachusetts and Maine residents have until the.. CBS News - Published
By ANDREW TAYLOR WASHINGTON (AP) — IRS Commissioner Charles Rettig, asked to deliver President Donald Trump’s tax returns to a Democratic-controlled House panel, is facing off with lawmakers on.. WorldNews - Published