Tax

Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) enable you to set aside pre-tax funds, sometimes directly from your wage, to cover qualified medical expenses. If this card is lost or stolen, you may not have the same…

The objective of IRS Criminal Investigation is to identify and prosecute individuals or entities suspected of committing criminal tax violations. Understanding the potential causes of such investigations is crucial for taxpayers to…

In April, the IRS reported that nearly 1.5 million Americans were still eligible for a tax refund of up to $900. The IRS estimates that approximately $1.5 billion in refunds remain unclaimed because 2019 tax returns have not been filed. The…

The IRS is creating a system for taxpayers to electronically submit returns directly to the government at no cost, bypassing commercial options like TurboTax. The agency intends to conduct a pilot test of the program in the upcoming…

The Internal Revenue Service is the nation's tax collector, but a new poll released on Monday found that the majority of people support the concept that the organization also functions as a free tax preparer. The IRS is looking at…

The Internal Revenue Service (IRS), the agency charged with overseeing the investigation against Hunter Biden, the son of President Joe Biden, is said to have taken the extraordinary action of dismissing the entire investigative team.…

The IRS announced Thursday that it will begin limiting staff' personal identifying information on contacts with taxpayers in an effort to prevent threats made against them. In a recent report, the Treasury Department's inspector general…

A former revenue officer with the IRS and a tax enforcement officer for Oakland have been charged in a $3 million PPP scheme, per the U.S. Attorney's Office Northern District of California. Five defendants were included in the lawsuit,…