Confused about a $1,400 stimulus check the IRS now wants back? Learn why the IRS is issuing repayment letters and how to respond.

A retired IRS communications executive told the AICPA’s Town Hall that employees will be challenged to explain tax changes in ...

The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...

Of course, when the IRS issued the notices in 2021, it probably anticipated that it would process ERC claims with more than enough time to audit employers that did not file amended income tax returns.

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

Here's how IRS layoffs could impact your tax filing and refund this season By Kate Dore, CFP®, EA, CNBC • Published February 21, 2025 • Updated on February 21, 2025 at 11:02 am BOOKMARKER ...

This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...

The IRS Final Notice of Intent to Levy is a critical notification that taxpayers should not ignore. This formal notice is the last step before the IRS can legally seize assets to satisfy a tax debt.

Issuers of tax-exempt bonds must file a version of Form 8038 with the IRS after every tax-exempt bond issue. The form is required to be filed to establish the tax-exempt status of the bonds.

The move comes roughly three weeks since the opening of tax season and could impact millions of taxpayers who will file before the April 15 deadline, experts say. IRS funding has been targeted by ...