News

IRS contractor leaked tax details of more than 405K Americans — but it wasn't during Biden's presidency
Former U.S. President Joe Biden’s Internal Revenue Service (IRS) leaked the taxpayer data of more than 405,000 Americans. The ...
The IRS had 3 different bosses during the week taxes were due
After another leadership shakeup at the IRS, Michael Faulkender on Friday became the fifth leader of the IRS since January.
Can Trump or the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face ...
IRS decision on Harvard's tax-exempt status could come in days: Sources
The Internal Revenue Service is considering revoking Harvard University’s tax-exempt status and a decision could be made in ...
Tax attorneys say IRS has become a 'zombie' as agency cuts staff and halts audits of the wealthy
Wesley Stanovsek was a dream hire for the IRS in 2024. With $80 billion in new funding from Congress, the IRS went shopping ...
IRS Filing Season Statistics Confirm 2025 Tax Filings Trail 2024 Numbers
The number of tax returns received dipped again, a trend that hasn’t changed since the season opened on January 27, 2025, but ...
IRS considers rescinding Harvard's tax-exempt status, something Trump floated
"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!" President Trump wrote on Truth Social ...
Can the IRS revoke Harvard's tax-exempt status?
For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused ...