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The Internal Revenue Service on Oct. 23 issued a fact sheet confirming that the higher reporting threshold for Form 1099-K has been restored under the One Big Beautiful Bill Act, reversing changes made during the Biden administration.
He aint playing around anymore. Antifa is cooked
The Internal Revenue Service furloughed nearly half of its workforce on Wednesday as part of the ongoing government shutdown.
...but they know if you sent $601.57 to your friend
American farmers and ranchers who have sold or exchanged livestock due to drought conditions are eligible for tax relief, the IRS said in a Sept. 22 statement.
The U.S. Treasury Department and IRS on Sept. 19 released details about a provision backed by the Trump administration and Republicans, passed by Congress earlier this year, that would provide a tax break for many employees who receive cash tips.
While Scott Bessent started out as a relatively lesser-known economic advisor, 200 days in he has become a pivotal figure as the U.S. Treasury Secretary.
The National Religious Broadcasters and two Texas churches sued the Internal Revenue Service (IRS) last year, arguing that the Johnson Amendment that barred churches from getting involved in political campaigns violated freedom of speech and freedom
The Trump administration has directed the Internal Revenue Service's top legal official to consider revoking Harvard University's tax-exempt status, according to the Washington Post, citing three people familiar with the matter.
President Donald Trump's administration has successfully implemented a significant reduction in the Internal Revenue Service (IRS) workforce.
Two reasons why Trump won't/can't get rid of the IRS:
As the 2024 campaign neared its send, candidate Donald Trump began promising that, if elected, he would support the elimination of income taxes. Shortly after he was sworn in, Trump then began saying he planned to abolish the Internal Revenue Service
Melanie Krause also had disagreements over the future direction of the IRS, according to reports
