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IRS

IRS to Prioritize Criminal Investigations and Enforcement for Certain Assets

April 10, 2023 - 7:55 am by Nick R. Hamilton

The Internal Revenue Service (IRS) has announced that the federal tax agency is prioritizing criminal investigations and will be increasing enforcement on certain assets.

Categories Economy Tags Business, Cryptocurrency, IRS, News, Tax 5 Comments

IRS Agents Make Surprise Visit to Home Of Jim Jordan’s Star Witness, Jordan Demands Answers

April 2, 2023 - 6:49 amMarch 28, 2023 - 11:06 am by David Hawkins

In a shocking twist, IRS agents made a surprise visit to the home of Republican Rep Jim Jordan’s (R-OH) star witness from a recent Committee hearing.

Categories News Tags IRS, Jim Jordan, Matt Taibbi 8 Comments

IRS Lists ‘Dirty Dozen’ Tax Scams in Fresh Warning

March 21, 2023 - 12:57 pmMarch 21, 2023 - 11:12 am by Nick R. Hamilton

The Internal Revenue Service (IRS) has released a list of the “Dirty Dozen” scams that taxpayers should be aware of.

Categories Economy Tags Business, Fraud, IRS, News, Tax, Taxpayers 1 Comment

New IRS Tax Rules Are a ‘Double Whammy’ for Families, Experts Warn

January 30, 2023 - 11:21 amJanuary 30, 2023 - 10:06 am by Nick R. Hamilton

The new tax rules implemented by the Internal Revenue Service (IRS) could place a strain on some families hoping for an expanded child tax credit, experts are warning.

Categories Economy Tags Business, Families, IRS, News, Tax Credit, Taxes 1 Comment

IRS: Millions of Americans Don’t Realize They Are Eligible for Tax Credit

January 29, 2023 - 12:43 pmJanuary 29, 2023 - 10:06 am by Nick R. Hamilton

Millions of Americans don’t realize that they are eligible for a tax credit, the Internal Revenue Service (IRS) has revealed.

Categories Economy Tags Business, IRS, News, Tax, Taxpayer 1 Comment

House Republicans to Vote on Bill to Eliminate Income Tax, Abolish IRS

January 11, 2023 - 4:06 amJanuary 10, 2023 - 7:42 pm by Frank Bergman

House Republicans are preparing to vote on a bill that would eliminate income tax and abolish the Internal Revenue Service (IRS).

Categories News, Politics Tags Income Tax, IRS, Republicans, Tax 3 Comments

GOP-Led House Votes to Rescind Billions in IRS Funding Approved by Democrats

January 10, 2023 - 7:01 am by Frank Bergman

The GOP-led House of Representatives has voted to rescind billions of dollars in funding for the Internal Revenue Service (IRS) that was approved in the Democrats’ so-called “Inflation Reduction Act.”

Categories News, Politics Tags Inflation Reduction Act, IRS, Kevin McCarthy, Republicans 1 Comment

IRS Warns Americans: Report $600 Transactions from Payment Processors or Risk Audit

December 5, 2022 - 4:14 amDecember 3, 2022 - 10:06 am by Nick R. Hamilton

The Internal Revenue Service (IRS) is warning American taxpayers that failure to report transactions of $600 or more from payment processing services will run the risk of an audit.

Categories Economy Tags Business, IRS, Janet Yellen, News, Tax, Taxes, Taxpayer 2 Comments

Department of Justice Charges 5 IRS Employees with Fraud

October 6, 2022 - 8:00 amOctober 6, 2022 - 7:25 am by David Hawkins

The U.S. Department of Justice (DOJ) has charged five current or former Internal Revenue Service (IRS) employees with fraud, prosecutors have revealed.

Categories News Tags Crime, DOJ, Fraud, IRS, Merrick Leave a comment

Republicans to Cut 87,000 Agents from IRS after Winning Majority in Congress

September 23, 2022 - 3:24 pm by Frank Bergman

Republicans have revealed that they plan to cut all 87,000 new Internal Revenue Service (IRS) agents recruited by the Democrats after the GOP wins control of Congress.

Categories News, Politics Tags Democrats, IRS, Midterms, Republicans 6 Comments
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