Agency leaders say they want to complete the “vast majority” of its modernization efforts within the next couple of years.

A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax ...

Agency leaders say they want to complete the “vast majority” of its modernization efforts within the next couple of years.

Section 174 of the US IRC was updated in 2022, and companies can no longer claim immediate 100% tax deductions for expenses ...

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology as it carries out widespread layoffs. A report ... to rely further on AI as it continues cuts to its ...

The decision “spells the death of 83 years of independent journalism,” plaintiffs who are suing the agency said in a ...

Iowa Gov. Kim Reynolds signed legislation Friday that will repeal, adjust and create multiple tax credits, including ones ...

Probationary employees' jobs were in limbo for weeks. Meanwhile, many IRS workers across the agency are looking to leave.

US companies could immediately deduct the full cost of their research and development activities, from engineering salaries to software development and contractor ...

The agency said 57 positions will be eliminated, effective July 1. They're part of a wave of layoffs sweeping state ...

During Deere’s 2022 layoffs, it announced that work from ... Create tax credit limits for the Workforce Housing Tax Incentives Program. The program, which provides tax benefits to developers ...