Browsing: IRS

WASHINGTON (Reuters) – Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the…

The third-quarter estimated tax deadline for 2024 is Monday, Sept. 16, and skipping a payment could trigger a penalty, according…

The IRS is still working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain…

The Internal Revenue Service said Friday that it has collected nearly $1.3 billion in overdue taxes from wealthy households since…

Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill.Such punishments have become…

The IRS has recently introduced new rules to simplify the income tax return and taxes for crypto investors. These changes…

PHILADELPHIA (Reuters) – Pennsylvania will join the Internal Revenue Service’s free direct filing system for simple tax returns next year,…

The Internal Revenue Service said Thursday that it has collected more than $1 billion in past-due taxes from millionaires since…

The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting…

Following over 44,000 comments to the IRS on the proposed rules around 1099 reporting for crypto exchanges that have now…