IRS

The IRS processed more tax returns quickly this year, and phone service improved, says a congressional report released Wednesday. However, there is a significant need for the agency to update its information technology services and…

The IRS is considering advice for those who incorrectly claimed the tax benefit after receiving a deluge of business filings using a pandemic-era tax credit. During the Covid-19 outbreak, the employee retention credit was developed to…

A prominent Republican wants to take away the weapons and defund the anti-fraud police that locked up criminal Al Capone. Iowa's senator from the upper chamber of Congress, Joni Ernst, has proposed a bill that would disarm the Internal…

With the Inflation Reduction Act's $80 billion in funding, the IRS faces back from Congress by around 25%.  In the latest debt ceiling agreement, President Joe Biden made a significant IRS compromise.  IRS Faces Challenges Amidst…

Congress has reclaimed approximately 25% of the $80 billion allocated to the IRS through the Inflation Reduction Act. President Biden has made a significant concession regarding the Internal Revenue Service in the recent debt limit deal.…

Sen. Joni Ernst of Iowa, a Republican, will introduce legislation on Tuesday that would forbid the Internal Revenue Service from arming its employees with taxpayer funds. The ‘Why Does the IRS Have Guns Act’ forbids the IRS from…

It's possible that you were so busy at work this spring that you put off doing your tax return.  Another reason you might have delayed filing is that you believe you'll need to send the IRS a check and you know you can't afford a sizable…

According to the Internal Revenue Service, more than a million Americans would not receive their fair share of the anticipated $1.5 billion in unclaimed tax refunds.  This sum includes the approximately 52,000 Ohio taxpayers who owe more…