Coverage
Tax Law & IRS
Congress, the IRS, Treasury and the courts.
65 stories
By declining to hear Murrin v. Commissioner, the justices let stand a Third Circuit ruling that the IRS can assess tax at any time on a fraudulent return, even when only the preparer intended to cheat.
Treasury's new app and a matching IRS online election tool let parents activate a child's Trump Account weeks before contributions and the $1,000 federal deposit begin.
The IRS says tens of millions of filers claimed the new overtime, senior and car-loan breaks. For households earning well into six figures, the income limits erase most of them, leaving a shorter list.
Republicans are debating a follow-up to last year's tax overhaul, with defense and border funding competing against Ways and Means for a seat in any new package.
The House committee unanimously approved bills extending casualty-loss deductions through 2027, upgrading IRS service, and raising the stakes for whistleblower awards.
Senate Democrats say the Vacancies Act clock ran out March 6 with no nominee, leaving the IRS without a Senate-confirmed leader as complex filers wait on guidance and service.
The February 20 ruling found the emergency-powers law never authorized import tariffs, voiding two rounds of duties and setting off refund claims that Penn Wharton estimates could reach $175 billion.
The Congressional Budget Office's new baseline shows deficits $1.4 trillion higher than previously projected through 2035, a gap large enough that it raises real odds of higher taxes on high earners down the road.
The National Taxpayer Advocate's annual report to Congress says a 27% smaller IRS, paired with dozens of new retroactive tax rules, will make 2026 harder for any filer who runs into a problem.
IRS-CI's annual report shows tax fraud identifications more than doubled and search warrants rose 25%, a signal that enforcement risk is climbing even as agency staffing shrinks.
Justices on both sides pressed the administration on emergency tariff powers. If the tariffs fall, importers' refunds may hinge on customs deadlines that start running long before a ruling.
A newly created position puts one person atop both the IRS and Social Security Administration heading into the 2026 filing season, alongside a leadership change over IRS enforcement.
Treasury's contingency plan says Inflation Reduction Act funding will keep all 74,300 IRS employees working through the first week of a shutdown, with no word on what happens after that.
More than 25,000 employees left through incentive programs and 7,315 probationary workers were fired, leaving complex filers facing slower answers and a less predictable audit pipeline.
Long's exit on August 8 makes him the shortest-serving confirmed IRS commissioner and leaves Treasury Secretary Scott Bessent running an agency that has lost about a quarter of its staff.
The Congressional Budget Office reported July 21, 2025 that the tax and spending law signed on July 4 will add $3.4 trillion to deficits through 2034, a number that matters for anyone planning around today's rates.
The One Big Beautiful Bill Act makes the 2017 rate structure permanent but adds new limits on itemized and charitable deductions that land squarely on top-bracket households.