Mass layoffs at US’ Internal Revenue Service, civil rights office hit first
The Washington Post had first reported the start of the layoffs and the elimination of the civil rights office. The cuts are ...
Trump considering announcing "External Revenue Service," sources say
President Trump has previously described the "External Revenue Service" as an arm of government "to collect tariffs, duties, ...
1IRS Anticipates Over $500B Revenue Shortfall, While Treasury Stares At Potential...
The Internal Revenue Service (IRS) is bracing for a substantial drop in revenue this spring amid payment evasion by ...
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Donald Trump to Launch External Revenue Service
The Trump administration is getting ready to start the “External Revenue Service,” a new agency that will collect tariffs.
Yes, the IRS allows tax deductions on some pet expenses, like service animals
Claims shared online about "exciting news for pet owners" regarding potential tax deductions for animals were somewhat misleading in early 2025.
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Tax revenue collected by the IRS set to drop by over 10%
The US government could collect significantly less in tax revenue this year, with officials at the Internal Revenue Service ...
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Hatch-Waxman Litigation Expenses Are Deductible Under Internal Revenue Code § 162(a)
The US Court of Appeals for the Federal Circuit upheld a US Court of Federal Claims ruling that Hatch-Waxman Act litigation expenses are ordinary ...
Donald Trump to Launch External Revenue Service: What to Know
"We're going to take in a lot of money from the outside and that's going to keep our taxes low," Said President Trump of the plan.