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The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
Market Watch· 22 hours agoFor taxpayers worth at least $500,000, “certainly the audits are not dropping and would suggest a...
Weekly IRS Roundup April 15 – April 19, 2024
The National Law Review· 12 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 15, 2024 – April 19, 2024....
Here's how to track the status of your 2024 tax refund
CBS News via Yahoo Finance· 18 hours agoMore than 30 million Americans waited until the last two weeks of the tax-filing season to send...
IRS Releases Draft Of New Crypto Tax Form Used To Report Transactions
Forbes· 1 day agoThe IRS has offered a glimpse of the future of crypto reporting. The agency has released a draft of...
How likely are you to get audited by the IRS?
The Week· 1 day agoAn Internal Revenue Service (IRS) audit is a "review of your information and accounts to ensure you're ... following the tax laws, and that your reported...
IRS Says Be Ready for Next Year: IRS Tax Withholding Estimator Helps Ensure Withholdings Are Correct...
Sierra Sun Times· 5 days agoWASHINGTON – The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re...
IRS Properly Rejected $22.7 Million Deduction as Disguised Sale
Bloomberg Law· 13 hours agoThe IRS was right to disallow a $22.7 million ordinary loss deduction and to impose accuracy-related penalties for a partnership’s underpayment of tax, the US Tax Court said ...
Students sleuth with IRS agents at Radford University event
Roanoke Times· 4 days agoThe students received instruction on firearm handling, working undercover and making arrests. At the...
IRS announces refund increase to taxpayers
Newsweek· 4 days agoThe Internal Revenue Service (IRS) has announced the amount issued in tax refunds for the 2023 fiscal year. Of around $4.7 trillion collected from 271.5...
My daughter has special needs. Does the IRS have the authority to take money from a trust that I set...
Market Watch· 22 hours agoJust to clear: I am not in any trouble and nor do I currently owe any money to the IRS. Again, I am...