Taxes April 28, 2026
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes October 25, 2023
The business tax accounts are part of a continuing effort to improve IRS taxpayer services and make the agency more tech-friendly.
Taxes October 25, 2023
The agency said it recently recovered $122 million from 100 wealthy earners, in addition to $38 million collected earlier this year.
IRS October 24, 2023
The fee to renew or obtain a PTIN for 2024 is $19.75, down from $30.75 in 2023. Failure to have a valid PTIN may result in penalties.
Payroll October 20, 2023
An employer in danger of being assessed back taxes for certain workers may avoid liability if it qualifies for “Section 530 relief.”
Taxes October 19, 2023
The IRS on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy.
Taxes October 17, 2023
Their willingness to use the Direct File program may be overstated because of the survey the IRS used to gauge their interest, TIGTA says.
Taxes October 17, 2023
The IRS on Tuesday unveiled more details about Direct File, the agency’s free online tax filing program that is debuting in 2024.
Taxes October 16, 2023
As of June 30, the agency has spent approximately $1.95 billion of the nearly $80 billion it will receive over a 10-year period.
Taxes October 16, 2023
The new estimate reflects a rise of more than $192 billion from the prior estimates for tax years 2014 to 2016.
Taxes October 16, 2023
For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.
Income Tax October 11, 2023
Gyetvay was convicted of concealing his ownership and control over substantial offshore assets and did not file tax returns or pay taxes on millions of dollars of income.
Taxes October 6, 2023
The consumer discount is one of the significant changes to electric vehicle tax credits implemented under the Inflation Reduction Act.