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IRS

IRS Warns Time Running Out to Claim $1.5 Billion in Unclaimed Refunds for 2019 Tax Year

April 13, 2023 - 6:02 pm by Nick R. Hamilton

The Internal Revenue Service (IRS) has warned American taxpayers that time is running out to claim tax refunds for 2019.

Categories Economy Tags Business, IRS, News, Tax Leave a comment

IRS Chief Unveils Plan for Hiring Armed Agents

April 10, 2023 - 9:20 am by David Lindfield

Internal Revenue Service (IRS) Commissioner Daniel Werfel has unveiled the federal agency’s plan for hiring armed enforcement agents.

Categories News Tags Daniel Werfel, IRS, Tax, Taxes 12 Comments

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
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