Explore articles and opinions on the Internal Revenue Service, including tax enforcement, budget cuts, and their implications.

Endnotes [1] Unless otherwise indicated, “Section” references are to the US Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder.

Finally, American Express earns service fees and other revenue. Here's what those results looked like in the most recent quarter compared to the same quarter last year, adjusted for changes in ...

RBC analyst maintains Outperform rating on American Express (AXP) with $310 price target. AXP reports strong Q1 2025 results, reaffirms revenue and EPS outlook.

American Express (NYSE:AXP) recently reported its first-quarter earnings for 2025, showing an increase in net income and earnings per share compared to the previous year, with the company ...

American Express Delivers Strong First-Quarter Results With Revenue of $17.0 Billion, up 7%, or 8% on an FX-Adjusted Basis Earnings Per Share of $3.64 Increased 9% ...

"We delivered strong results during the first quarter, reflecting the power of our premium customer base. FX-adjusted revenue increased 8 percent year-over-year, or 9 percent excluding the leap year ...

The Trump administration is preparing to launch the "External Revenue Service," a new tariff-collecting agency which it hopes will contribute to the eventual elimination of the Internal Revenue ...

Commerce Secretary Howard Lutnick declared during a cabinet meeting on Monday that April 4, when tariffs are planned to go into effect, "American Liberation Day," when the new "External Revenue ...

DOGEs takeover of the IRS has thrown the tax season into turmoil, with massive layoffs, leadership changes, and concerns over taxpayer data security. Nearly 45,000 IRS employees are set to lose their ...

The Department of Government Efficiency (DOGE) is proposing major workforce cuts to the Internal Revenue Service (IRS) by May 2025 to reduce spending.