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IRS penalties on American taxpayers surged nearly 300% last year
FOX Business· 3 days agoThe IRS hit Americans with $7 billion in tax penalties in 2023, a record-high level that marks a...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
FOX 5 San Diego· 2 days agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the...
IRS adds another state to Direct File, as House Republicans seek to defund it
Federal News Network· 4 days agoThe IRS is recruiting another state to participate in its Direct File platform, which lets...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 4 days agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
CNBC· 6 days agoIRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington,...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
WROC Rochester· 2 days agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the...
IRS scams targeting North Carolina seniors are on the rise
WLOS ABC 13· 6 days agoThe Internal Revenue Service (IRS) warns North Carolina seniors about an increased threat of...
IRS updates rules for early retirement withdrawals due to emergencies, domestic violence
KRCR TV Redding· 1 day agoThe IRS has some new guidance for people who may want to prematurely pull from their retirement...
IRS/Tax Whistleblower Guide | JD Supra
JD Supra· 5 days agoAnyone who has obtained evidence that a person or company is committing tax fraud or evasion can become a whistleblower by reporting it to the Internal Revenue Service (IRS
IRS Targets High-Earners With Crackdown On Popular Tax Loophole
Forbes· 6 days agoRevenue Service announced plans Monday to crack down on a tax loophole some high earners use to take...