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$1 billion tax refund deadline looms
Newsweek· 1 hour agoAbout one million people have not filed their tax year 2020 returns and might be missing out on refunds should they fail to do so before the May 17...
The IRS says audits are about to surge — here’s who’s most at risk
New York Post· 4 days agoThe Internal Revenue Service said it plans to sharply increase audit rates for big corporations,...
Unclaimed refunds: 31K people in Ohio eligible
WJW via Yahoo Finance· 17 hours ago(WJW) – The Internal Revenue Service (IRS) is reminding people who didn’t file their 2020 tax returns that they can still get their money, but time is...
IRS Clarifies SECURE 2.0 W-2 Changes | PLANADVISER
PLANADVISER· 17 hours agoThe Internal Revenue Service has issued guidance and a FAQ for retirement plan sponsors and participants concerning tax form filings affected by the SECURE ...
IRS audits to surge: Here’s who the IRS will focus on for tax year 2026
The Republican· 20 hours agoThe Internal Revenue Service said that it will increase audits for the tax year 2026. In a...
IRS will audit more high-income taxpayers and large corporations. Here's what that means
Fast Company Magazine· 24 hours agoThe Internal Revenue Service (IRS) last week released an annual update on its Inflation Reduction Act (IRA) Strategic Operating Plan. The guide was originally ...
Class Warfare: IRS Promises to Increase Audits of ‘Wealthy’ Taxpayers by at Least 50% – Report
IJR· 1 day agoA new report from the Internal Revenue Service lays out a roadmap for the future and reveals that...
IRS Addresses Audit Rate Disparity Gap Between Black Taxpayers And Others Filers
Black Enterprise· 2 hours agoOn May 2, the IRS announced the steps it will take to address a wide disparity in audit rates...
US updates EV tax credit rules, enabling more electric cars to be eligible
Electrek· 4 days agoThe U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit...
With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
Forbes· 7 hours agoForeign trusts routinely cause U.S. reporting headaches for taxpayers. Generally, tax professionals...