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IRS scrambles to reverse dire statistics on plunging audits for millionaires, soaring reviews for...
Fortune· 45 minutes agoThe study said the IRS disproportionately audited people who claim the Earned Income Tax Credit, which is aimed at low- to moderate-income workers and families ...
IRS Unveils Plan to Crack Down on Wealthy Taxpayers
The Fiscal Times· 1 hour agoRelying on additional funding provided by the Inflation Reduction Act of 2022, the tax agency said it plans to raise the audit rate on high earners,...
Trump trial live updates: Trump told Michael Cohen ‘I hate the fact we did it’ over hush money plot,...
The Independent via Yahoo News· 33 minutes agoTrump: I’m not allowed to testify. I’m under a gag order pic.twitter.com/4qeH81ERWo...
IRS plans to increase audit rates of wealthy taxpayers by 50%
CNN via AOL· 19 hours agoThe Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of...
IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up.
Market Watch· 16 hours agoThere are no plans to bump up audits on households making less than $400,000, IRS Commissioner Danny...
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...
Can the IRS Seize Your Tax Refund? 4 Reasons They Can (and How To Avoid It)
GOBankingRates via Yahoo Finance· 4 days agoAccording to data from the IRS, the average tax refund in 2024 has been $3,011, an increase of 4.6%...
IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 16 hours agoThe cutbacks could come in the form of separation incentives, followed by furloughs and, as a last...
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?
Morningstar· 6 days agoNow it's a question of whether the IRS's no-fee Direct File platform, which had its test run in 12 states this tax-filing season, ever comes back ...