Hiep Nguyen said he's lost his entire life savings in an elaborate elder fraud scheme.

A former congressman who sponsored legislation to abolish the IRS and is now the nominee to lead that agency has faced pointed questions from senators.

The Kansas City, Missouri, metropolitan area has long been a regional hub for the federal government, and the pain from the Trump administration's cuts can be seen everywhere.

An IRS agent who testified publicly about investigations into Hunter Biden's taxes and was promoted to be acting IRS commissioner is out of the job just days after he got it.

The Trump administration plans to eliminate the IRS’ Direct File program.

An IRS whistleblower who testified publicly about investigations into Hunter Biden’s taxes is expected to be promoted to IRS acting commissioner, two sources familiar with the plan tell The Associated Press.

Taxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get someone on the phone.

Taxes may not be the first thing on your mind when you celebrate a joyous occasion like a marriage or a new baby.

From 2017 to 2021, the taxpayer allegedly added false credits or deductions on tax returns to fraudulently lower her clients’ overall tax liability.

The IRS plans to cut as many as 20,000 staffers as part of layoffs that began Friday.

Two IRS whistleblowers who testified about Hunter Biden’s taxes are getting promotions.

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.

“Texas residents also don’t pay income tax, but spend 1.58% of their income on real estate taxes, one of the highest rates in the country,” the report claimed.

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until after the taxpayer filing deadline.

Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked on technology projects such as the IRS's Direct File program.

If you plan to pay by mail, we want to remind you to double-check everything!

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments.

The Internal Revenue Service (IRS) announced that the 2025 tax season begins Monday, Jan. 27, 2025.

The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline.

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.

The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law in 2022.

Houston residents face high fees and price gouging when cashing FEMA checks after Hurricane Beryl.

A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper.

The IRS says it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers.

You can buy more time, but you still need to pay today... if possible.

🔍 Check out this shocking tax filing story! A humble couple paid $17,000 to file their taxes, only to discover they allegedly owed $30,000 to the IRS. 😱 How did this happen? #TaxFiling #IRS #ScamAlert

The Penas claim Tax Doctors, LLC’s assessment found the Humble couple owed the IRS $30,000. Their tax preparer told them they would receive up to $20,000 in refund but must first pay the company $17,000 to file.

If you’re a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.

As tax season reaches its peak, taxpayers in Texas and 11 other states have a new, hassle-free option to file their taxes: Direct File.

2024 Direct File pilot will allow taxpayers to electronically file for free

🚨 Beware of Ghost Tax Preparers! 🚨 As tax season continues, it's crucial to protect yourself from potential scams and fraudulent tax preparers.

The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017.

First, there were trackers on Taylor Swift and other celebrities’ private jet usage.

Treasury Secretary Janet Yellen is heading to Mexico this week, a trip announced shortly after her agency created a new strike force to help combat illicit fentanyl trafficking.

The IRS commissioner says for the agency to keep building on its customer service and enforcement priorities it needs a reliable funding stream.

House Republicans went after the IRS when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget.

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system.

House Republicans have subpoenaed several FBI and IRS agents involved in the federal investigation into Joe Biden’s son Hunter Biden.

House Republicans are raising unsubstantiated allegations against President Joe Biden over his family’s finances.

A letter about an IRS refund had one viewer on high alert. She sent that letter to the KPRC 2 Investigates team to ask if it was legit. We have what you should look for to verify a letter from the IRS.

Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years.

House Republicans have released testimony from two IRS whistleblowers who allege that the Justice Department interfered with their yearslong investigation into President Joe Biden’s son, Hunter.

Ideal Tax highlights how the IRS Fresh Start program works, if you're eligible, and what else you need to know

An IRS special agent is seeking whistleblower protection to disclose information regarding what the agent contends is mishandling of an investigation into President Joe Biden’s son, Hunter Biden.

If you receive payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change next year.

It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline, and many often pay to use software from private companies such as Intuit and H&R Block.

The deadline to file your taxes has arrived.

The Internal Revenue Service’s new commissioner promises that with billions in new funding, the agency will be faster, more service-focused and tech- savvy and will provide “real-world improvements” to taxpayers.

KPRC 2 Community is partnered with BakerRipley and Telemundo Houston to host a tax help phone bank on March 30 until 6:30 p.m. Volunteers are standing by to take calls in both English and Spanish. The phone number to call is 713-778-8920.

If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?

Willie Nelson owed millions in taxes, so the IRS came up with an idea to help.

We are right in the middle of tax filing season for 2022. Still, millions of returns from previous years are still not processed. The backlog is impacting a lot of people, including one Houston woman who called our KPRC 2 Investigates team for help.

We are right in the middle of tax filing season for 2022. Still, millions of returns from previous years are still not processed. The backlog is impacting a lot of people, including one Houston woman who called our KPRC 2 Investigates team for help.

Without the state’s safety net, districts with pending bond projects must now decide whether to pay more in interest or halt construction.

The Internal Revenue Service is extending help to taxpayers by opening a special assistance center in southwest Houston Saturday.

The IRS says most relief checks issued by states last year won't be subject to federal taxes, providing late guidance as taxpayers have begun filing returns.

Tax season is here again.

House Republicans have began their tenure in the majority by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS.

Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means Committee on Friday.

Now that the Democratic-controlled House Ways and Means Committee has voted to release former President Donald Trump’s tax returns, there's the potential of additional revelations in the coming days related to the finances of the longtime businessman.

The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency.

An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.

A congressional panel says the IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency.

Under the state’s Permanent School Fund’s Bond Guarantee Program, schools get the best interest rate on bonds. That soon may be over if the federal government doesn’t act.

A former Houston area tax preparer has been sentenced to federal prison following his conviction of fraudulently filing tax returns from 2014 to 2017, announced U.S. Attorney Jennifer B. Lowery.

Ghost tax preparer allegedly cost U.S. Government $4.4 million.

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges.

Have you ever wondered how Costco came into our lives?

Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.

President Joe Biden has signed Democrats’ landmark climate change and health care bill.

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

A woman from the Houston area now faces prison time after she plead guilty to tax fraud, U.S. Attorney Jennifer B. Lowery announced.

Monday is Tax Day, the federal deadline for individual tax filings and payments.

Millions of Americans wait until the last minute to file their taxes, and this year is no exception.

With child tax credits and stimulus refunds, you may need help figuring out your taxes this year. Mom and pop offices pop up this time of year, and you should know the red flags to look out for.

For those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.

The IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Congress is racing to pass a mammoth $1.5 trillion legislative package that would fund the government for the rest of the year.

In many cases, the victim of check fraud is out thousands of dollars even though their bank cashed the forged or fraudulent checks. Our KPRC 2 Investigates team is getting answers about who is ultimately liable.

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

Alternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events.

The White House and Treasury Department launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due.

U.S. taxpayers, brace yourselves because tax filing season starts Monday and you can expect the task to be more cumbersome than usual this year.

For those who plan on donating to a charitable organization for Giving Tuesday, there could be some opportunities to receive money back when filing taxes next year.

The Internal Revenue Service is gearing up for the 2022 tax season, and taxpayers are encouraged to plan ahead.

KPRC 2 investigates the IRS backlog and how it’s impacting people in our area. Right now, the United States Treasury is still working on some 9 million tax returns from 2020. The delays are causing a domino effect for business owners who need their tax returns to get emergency disaster loans. One Woodlands couple called KPRC 2 Investigates because they worry they will have to close their business if they can’t get help soon.

Don't focus on the bottom line.

What does Bitcoin have to do with roads and bridges.

Lawyers for Donald Trump on Wednesday urged a federal judge to block the Treasury Department from handing his tax returns over to the House Ways and Means Committee.

A Republican senator who helped negotiate a nearly trillion-dollar bipartisan infrastructure bill says a proposal to strengthen IRS enforcement to raise money to help pay for the bill's spending is officially off the table.

The first of six child tax credit payments to parents will hit bank accounts and mailboxes on July 15. Some families may absolutely need the money now to pay bills. That is why President Biden pushed the advance payments. If you don’t need it, there are several reasons you may want to opt-out of receiving the early payments.

The Internal Revenue Service has launched two new online tools designed to help parents manage their monthly child tax credit payments.

Republicans in Congress are alarmed by the leak of confidential IRS data to ProPublica that has enabled the investigative news organization to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times.

Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.

Starting this summer, the federal government is sending money to parents with children as part of the expanded child tax credit. The child tax credit is not new. Parents can claim a $2,000 credit per child when you file your taxes. What is new this year is that the credit is much higher for certain families and you don't have to wait until you file your 2021 taxes to get it.

Have you done your taxes yet? If not, there are some new tax credits and deductions you need to know about so you get the most money back from Uncle Sam this year.