Crypto will be reported to the IRS this tax year
If you buy and sell digital assets like Bitcoin, listen up.
Internal Revenue Service
A million taxpayers will soon receive up to $1,400 from the IRS
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.
IRS collects $5 trillion in taxes
The Internal Revenue Service released its 2024 financial report this week.
$1.3 billion collected in overdue taxes
The Internal Revenue Service says it’s collected nearly 1.3 billion dollars in overdue taxes from wealthy households since last Fall.
IRS reviews COVID tax credits
The IRS is once again processing pandemic-era tax credit claims from businesses while cracking down on fraudulent claims.
500k IRS fraud cases backlogged, watchdog says
In a letter to Congress, the National Taxpayer Advocate is criticizing the Internal Revenue Service for being too slow to resolve fraud cases.
IRS extends freeze on Pandemic-Era Tax Credit due to widespread fraud
If you just put in an application for the Employee Retention Tax Credit Program, you might be waiting a while to hear back from the IRS.
IRS crack down on tax loophole could raise $50 billion
On Monday, June 17, the Internal Revenue Service announced its closing a major tax loophole that could raise $50 billion over a decade.
IRS warns against scams targeting South Carolina seniors
The Internal Revenue Service (IRS) has issued a warning about the rising threat of impersonation scams.
IRS announces extension of Free File program through 2029
The Internal Revenue Service has extended its Free File Tax Program through 2029.
