IRS

A senator is pressing the IRS to raise the mileage deduction that Uber drivers rely on to offset spiking gas prices

Tech Insider : Economy, Politics, Economy
A woman sits behind the seat of a Honda car while driving. In a smartphone holder to her right, a phone shows a ride-hailing app with directions for completing a ride.
Senator Ruben Gallego asked for a higher per-mile deduction from the IRS in a Thursday letter to Treasury Secretary Scott Bessent.

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Get ready for a tax season run by a much smaller IRS

Tech Insider : Economy, Business, Style
Person doing paperwork
Staffing cuts at the IRS could strain customer service during tax filing season.

Natalia Gdovskaia/Getty Images

The IRS announced new federal income tax brackets for 2026. Here's what's changing.

Tech Insider : Politics, Business, Style
The Internal Revenue Service Building in Washington, DC
The standard deduction is also increasing, saving taxpayers more money.

Kevin Carter/Getty Images

Trump is burning through IRS heads at a rate of almost 1 a month. Here's who's held the job, and why they left.

Tech Insider : Politics, Business
A composite image of Donald Trump and the outside of the IRS
President Donald Trump has gone through six IRS leaders so far this year.

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I forgot a form on my tax returns. It was the beginning of a nightmare.

Tech Insider : Economy, Politics, Business
A man being chased by a large sum of tax forms

Image Source/Getty, Tyler Le/BI

There are moments in life when your own stupidity dumbfounds you. The letter I got from the IRS — on my birthday, no less — was one of those moments.

Real estate investors are using a 2-part strategy to build equity and avoid capital gains tax

Tech Insider
carl mindy jensen
Financially independent couple Carl and Mindy Jensen reside in Colorado.

Carl and Mindy Jensen

The door is slamming shut on a $50 billion tax loophole used by the superrich

Tech Insider : Economy
Treasury Secretary Janet Yellen, wearing a black jacket, appears before a senate hearing on Capitol Hill.
Janet Yellen.

Andrew Harnik/Getty Images

The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making it permanent.

Tech Insider : Economy, Politics, Economy
US Treasury Secretary Janet Yellen ends her speech to Internal Revenue Service (IRS) employees about the Inflation Reduction Act of 2022 following a tour of the IRS New Carrollton Federal Building in Lanham, Maryland, September 15, 2022.
US Treasury Secretary Janet Yellen has said tax filing should be simple.

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The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

Tech Insider : Economy
San Juan Puerto Rico
A whistleblower says the IRS hasn't been policing the abuse of tax breaks offered to new residents of Puerto Rico.

Maridav/Getty Images

Trump could face a $100 million tax bill after the IRS says he tried to write off the same losses twice on his Chicago skyscraper

Tech Insider : Politics
Trump
Trump International Hotel and Tower Chicago.

Chun-Teh Chen/Moment Editorial/Getty Images

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