-
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.
-
Thousands of taxpayers could receive up to $1,400 from the IRS
The IRS is set to send out up to one million payments of up to $1,400 for eligible taxpayers who didn’t claim a COVID-related rebate credit.
-
Wealthy Americans are still ducking the IRS crackdown on non-filers
Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns.
-
IRS announces pension and retirement plan contribution adjustments for 2025
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024.
-
IRS says ‘vast majority' of 1 million pandemic-era credit claims show a risk of being improper
The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.
-
IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update
The IRS has released an update on its strategic operating plan, which includes more audits on the wealthiest taxpayers, large corporations and partnerships.
-
IRS to collect over $500 billion more from tax cheaters thanks to new funding, agency says
The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS.
-
IRS says it collected $360 million more from rich tax cheats as its funding is threatened yet again
The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires.
-
Tax season 2024: Due dates and when IRS will start accepting tax returns
For the first time in five years, income tax returns will be due on their traditional date, but that isn’t the only thing to know about filing this year.
-
Tax season 2024: Due dates and when IRS will start accepting tax returns
For the first time in five years, income tax returns will be due on their traditional date, but that isn’t the only thing to know about filing this year.
-
IRS to send taxpayers a ‘special reminder letter' about debt. Who may get one and what to expect
Starting next month, the IRS will resume automated collection notices and some taxpayers will receive a “special reminder letter.” Here’s what to know.
-
IRS halts processing of pandemic-era tax credit amid fraudulent claims surge
A growing number of questionable claims are coming from small businesses who may or may not be aware that they aren’t eligible.
-
The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
-
IRS unveils ‘paperless processing initiative' for taxpayers. Here's what to expect
The IRS will offer digital correspondence for the 2024 season and aims to provide “paperless processing” for tax returns in 2025. Here’s what to know.
-
Watch your mailbox: IRS warns of new scam targeting taxpayers via fake letter
The IRS is warning people of scammers targeting your mailbox with a new ploy to try and get your private information.