IRS

The Internal Revenue Service (IRS) has unveiled a groundbreaking initiative that will revolutionize tax filing for millions of Americans. In an announcement on Wednesday, the IRS revealed plans to allow taxpayers to file every major tax…

The Internal Revenue Service (IRS) has issued a warning about scammers using a new tactic to deceive people and obtain their private information through fake mailings.  While the IRS regularly sends mail to taxpayers, officials emphasize…

The IRS is getting ready to go after what it refers to as "large, complex partnerships" as part of its drive to chase rich tax violators with tens of billions of dollars in additional financing. By fiscal 2025, the IRS expects to have…

New York and California saw the largest loss of tax revenue from migration of any state in the nation as citizens departed the deep-blue havens in droves. According to a new study, Texas and Florida also received the most IRS tax benefits…

As the Internal Revenue Service (IRS) makes significant headway in processing Employee Retention Credit (ERC) claims, Commissioner Danny Werfel has issued a stern warning against fraudulent submissions while shedding light on the escalating…

Two House Republicans sent a formal letter to the IRS, inquiring about the destruction of approximately 30 million taxpayer documents over two years ago. Reps. Jason Smith (R-MO), who serves as Chairman of the Ways and Means Committee,…

The Internal Revenue Service (IRS) has announced a significant policy shift to discontinue unannounced home and business visits.  This move comes as part of the agency's efforts to safeguard taxpayer information and ensure a fair and…

The Internal Revenue Service (IRS) has announced the postponement of the implementation of new payout rules for inherited retirement accounts.  The decision comes after significant pushback from taxpayers, financial institutions, and…