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IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up.
Market Watch· 10 hours agoThere are no plans to bump up audits on households making less than $400,000, IRS Commissioner Danny...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
The Washington Times· 11 hours ago“We are overhauling compliance efforts to advance our commitment to fair, equitable, and effective ...
2024 Tax Refund Still Hasn't Arrived? Here's How to Track It
CNET· 4 days agoIf you filed your tax return weeks ago and still haven't received your refund money, it could be for...
IRS Unveils Plan to Crack Down on Wealthy Taxpayers
The Fiscal Times via Yahoo Finance· 8 hours agoThe IRS wants to increase its audit rate for taxpayers earning more than $10 million by about 50%, according to an updated operating plan released...
IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 10 hours agoThe cutbacks could come in the form of separation incentives, followed by furloughs and, as a last...
IRS plans to increase audit rates of wealthy taxpayers by 50%
CNN via Yahoo Finance· 13 hours agoThe Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of...
Money Talk: IRS extends excise tax relief for missed RMDs
Portsmouth Herald via Yahoo Finance· 16 hours agoThis relief was extended to tax year 2023 and was just extended again for 2024 per IRS Notice...
4-Time Super Bowl Champ Files for Bankruptcy as Government Sues Him for Alleged $15.5 Million in...
People Magazine· 12 hours agoThe couple allegedly now owe $15.5 million in back taxes, leading the couple to file a last-minute...
Optima Tax Relief Bolsters IRS-Sponsored VITA Program Throughout the Community
Digital Journal· 2 days agoIt represents Optima's commitment to consistently giving back to the community by doing what we do best - providing relief and a way forward in the world of tax< ...
IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?
Market Watch· 6 days ago“Regardless of where it goes from here, I am proud of the success.” The Direct File platform...