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The law requires the IRS to provide a clear explanation of tax-filing errors to taxpayers on its math error notices.

Republicans are divided on whether to extend premium tax credits, loathed by the GOP's right flank because of the costs and lingering opposition to former President Obama's legislative achievement.

The president's comments come as Senate Republicans prepare to hold a vote on extending the tax credits, which are slated to expire at the end of this year.

Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.

The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.

President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.

Frank Bisignano, who's now leading both the Social Security Administration and the Internal Revenue Service, dodged a $300 million loss by divesting his stake.

The Treasury Secretary said he hadn't spoken to the president about this idea but "the $2,000 dividend could come in lots of forms, in lots of ways.

President Donald Trump's three U.S. Supreme Court appointees will play pivotal roles as the court considers the fate of his signature global tariffs Wednesday.

Rick Woldenberg, who runs two educational-toy businesses, says BubblePlush Yoga Ball Buddies have been hit especially hard by Trump's fluctuating tariffs.

Sens. Ron Wyden, Chuck Schumer and Elizabeth Warren want to know how Frank Bisignano can simultaneously run the IRS and the Social Security Administration.

Risking a backlash from President Trump, who has long threatened to retaliate with trade tariffs, French lawmakers voted to double its tax on large technology companies.

Small businesses challenging the global tariffs urged the justices to affirm lower court rulings that the import levies amount to a massive tax on companies.

Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial advisors can prepare themselves — and clients — for the changes.

At the Internal Revenue Service, which sits within the Treasury Department, the administration plans to fire about 1,300 workers.

While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities without flexible distribution provisions could take a big hit.

President Trump plans for new tariffs to boost the domestic film and furniture industries are sweeping — and confusing.

President Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture.

One of the most lucrative tax breaks corporate America won in Trump's economic legislation is hitting a roadblock in a minimum tax Congress set three years ago.

Democratic demands include extending expiring Obamacare premium tax credits and reversing cuts to Medicaid made in Trump's signature tax law.