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IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
KFDX Wichita Falls· 3 hours agoWASHINGTON (AP) — The IRS said Thursday that it has taken steps to address a wide disparity in audit...
IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 1 hour 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%
CBS 58 Milwaukee· 1 hour agoThe audit rate of taxpayers earning more than $10 million is expected to increase by 50%, going up...
940,000 Taxpayers Have Just 2 Weeks to Claim Part of the $1B theIRS Is Holding. See If You're Owed...
CNET· 1 day agoThe IRS is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but it won't be...
IRS Says You Have Until May 17 to Get Unclaimed Refunds: "Money on the Table"
Best Life· 1 day agoThe Internal Revenue Service (IRS) is beginning to issue tax refunds to those who withheld too much...
IRS Art Donation Audits Are the Start of a Tax Pro’s Paper Chase
Bloomberg Law· 13 hours agoIn its latest message to wealthy taxpayers, the IRS says it plans to target improper art donation tax deductions, focusing on promoters who “encourage taxpayers to buy various ...
IRS Forms New Office to Resolve Tax Disputes Earlier and More Efficiently
WealthManagement.com· 1 day agoAccording to IRS Commissioner Daniel Werfel, “This new office will revitalize existing programs and...
2024 Tax Refund Still Hasn't Arrived? Here's How to Track It
CNET· 3 days agoIf you filed your tax return weeks ago and still haven't received your refund money, it could be for...
Not So Cryptic: IRS Increases Oversight on Cryptocurrency Income Tax Reporting Requirements | JD...
JD Supra· 15 hours agoCryptocurrency has revolutionized the financial markets but also created tax traps for the unwary investor. Building on proposed regulations issued last year, the IRS recently ...
Freddie Mac Accepts IRS Form 8821 for Tax Transcripts, Enhancing Loan Product Advisor using...
NBC 17 Raleigh· 1 day agoIn a strategic update to its Selling Guide, Freddie Mac announces the adoption of IRS Form 8821 as an alternative for obtaining tax transcript for income ...