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Treasury Secretary Scott Bessent
PoliticsIRS acting commissioner is quitting over deal to share immigrants’ tax data with ICE to help with deportation efforts
By Fatima Hussein and The Associated PressApril 9, 2025
AI is making it easier to commit financial crimes, so the IRS is overhauling its tech after finding $21 billion in fraud in just two years
FinanceAI is making it easier to commit financial crimes, so the IRS is overhauling its tech after finding $21 billion in fraud in just two years
By The Associated Press and Fatima HusseinMarch 28, 2025
5 ICE officers
PoliticsThe IRS plan to expose data on undocumented workers threatens nearly $100 billion in tax collections
By Irina IvanovaMarch 27, 2025
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
FinanceThe IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
By Jason MaMarch 24, 2025
Fired by Elon Musk’s DOGE, then reinstated by a judge, thousands of federal workers are living in limbo
PoliticsFired by Elon Musk’s DOGE, then reinstated by a judge, thousands of federal workers are living in limbo
By Sara BraunMarch 22, 2025
A sign on the Internal Revenue Service building
FinanceTrump’s job cuts are forcing the IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government
By Chris MorrisMarch 18, 2025
IRS’s free electronic tax filing program could get cut despite its success after Elon Musk says DOGE ‘deleted’ government tech group that created it
RetailIRS’s free electronic tax filing program could get cut despite its success after Elon Musk says DOGE ‘deleted’ government tech group that created it
By Fatima Hussein and The Associated PressMarch 13, 2025
Ex-Credit Suisse client pleads to hiding $90 million from US
FinanceEx-Credit Suisse client pleads to hiding $90 million from US
By David Voreacos and BloombergMarch 10, 2025
Young businesswoman stands in a kitchen looking stressed while looking at scattered papers
SuccessAmericans have the ‘tax scaries’—but good news is waiting as the average refund goes up 7.5%
By Preston ForeMarch 5, 2025
A sign on the Internal Revenue Service building is seen on Thursday, February 20, 2025.
PoliticsIRS poised to consider thousands of job cuts that would hit half its workforce
By Fatima Hussein and The Associated PressMarch 4, 2025
IRS refunds are 32% lower on average so far this tax season
FinanceIRS refunds are 32% lower on average so far this tax season
By Chris MorrisFebruary 26, 2025
As tax season looms and layoffs are threatened, the IRS acting commissioner is reportedly stepping down, too
FinanceAs tax season looms and layoffs are threatened, the IRS acting commissioner is reportedly stepping down, too
By Chris MorrisFebruary 25, 2025
IRS layoffs of 7,000 may cut revenue collection and foil efforts to snag rich tax dodgers, experts say
PoliticsIRS layoffs of 7,000 may cut revenue collection and foil efforts to snag rich tax dodgers, experts say
By Fatima Hussein and The Associated PressFebruary 21, 2025
Twenty dollar bills next to an IRS 1040 form.
Personal FinanceShould you sign a loan or pay a fee to get your tax refund early? Here’s what you need to know
By Preston ForeFebruary 21, 2025
IRS plans to lay off 7,000 recently hired workers starting immediately
FinanceIRS plans to lay off 7,000 recently hired workers starting immediately
By Fatima Hussein and The Associated PressFebruary 20, 2025
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Economy
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combinedplaceholder alt text
By Fortune EditorsApril 9, 2026
Energy
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iranplaceholder alt text
By Fortune EditorsApril 7, 2026
Economy
The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis managementplaceholder alt text
By Fortune EditorsApril 8, 2026
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