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The Senate confirmed Long on a 53-44 vote despite Democrats’ concerns about the Republican's past work for a firm that ...
The former Republican congressman and auctioneer also had a brief career selling tax credits, including one that the I.R.S.
The Senate confirmed former GOP Rep. Billy Long to lead the IRS, where he would be responsible for implementing the major new ...
President Donald Trump's pick for IRS Commissioner, Billy Long, has been confirmed by the Senate. Here's what it could mean for the agency.
The former Republican House lawmaker who promoted controversial tax breaks will run the agency.
Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.
Though it would be great if you could put all your money into a Roth (think: tax-free growth and withdrawals), the Internal Revenue Service (IRS) limits how much you can contribute each year.
Also, the IRS has announced the 2025 standard deduction. For more information, see The New Standard Deduction is Here.
At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration.