As House Republicans continue to push for major spending cuts in exchange for raising the debt limit, Democrats on the Senate Budget Committee held a...

House Republicans are pushing for spending cuts to reduce the deficit in exchange for raising the debt ceiling, but they also hope to extend the...

The IRS has developed a system that would allow Americans to file their taxes for free online and plans to start testing the system on a small number...

As the Treasury Department warned last week, the drop-dead date for raising the debt limit could arrive as soon as June 1, earlier than most analysts...

The exact date on which the U.S. will run out of cash to pay its bills is a moving target, with much depending on how robust tax revenues are this...

The average wait time for callers looking for help from the IRS has fallen to four minutes this year, the Treasury Department said Monday. The average...

The Treasury Department on Thursday released a “strategic operating plan” for the IRS that includes new details on how the tax agency will use $80...

Wealthy U.S. households hold trillions of dollars in offshore accounts, with a substantial portion of the money residing in tax havens and shielded by...

Although they are struggling to come up with a budget proposal of their own, Republicans are unified behind the idea that the federal deficit is the...

Under normal conditions, wealthy states like New York and California are net revenue donors to the federal government, sending more in taxes to the...