IRS Chief Unveils Plan for Hiring Armed Agents
Internal Revenue Service (IRS) Commissioner Daniel Werfel has unveiled the federal agency’s plan for hiring armed enforcement agents.
Tax
IRS to Prioritize Criminal Investigations and Enforcement for Certain Assets
The Internal Revenue Service (IRS) has announced that the federal tax agency is prioritizing criminal investigations and will be increasing enforcement on certain assets.
IRS Lists ‘Dirty Dozen’ Tax Scams in Fresh Warning
The Internal Revenue Service (IRS) has released a list of the “Dirty Dozen” scams that taxpayers should be aware of.
Democrat Rep Caught with over $30M Nonprofit Funds Stashed in Offshore Cayman Islands Account
Democrat Rep. Daniel Goldman (D-NY) has been caught with over $30 million in private nonprofit funds stashed in an offshore Cayman Islands tax haven account.
Biden Pushes Billionaire Tax in SOTU Address, Quadrupling Stock Buyback Levy
President Joe Biden urged billionaires and corporations to “pay their fair share” during his State of the Union address on Tuesday night.
Experts Explain How to Get 2023 Tax Refund as Quickly as Possible
Those who want their refunds back as quickly as possible should file electronically and ask for a refund via direct deposit to their accounts, according to tax attorneys and accountants.
DeSantis Proposes Sales Tax Holiday on Gas Stoves and Baby Formula
Florida’s Republican Governor Ron DeSantis is proposing a permanent sales tax holiday on gas stoves and baby formula.
IRS: Millions of Americans Don’t Realize They Are Eligible for Tax Credit
Millions of Americans don’t realize that they are eligible for a tax credit, the Internal Revenue Service (IRS) has revealed.
House Republicans to Vote on Bill to Eliminate Income Tax, Abolish IRS
House Republicans are preparing to vote on a bill that would eliminate income tax and abolish the Internal Revenue Service (IRS).
IRS Warns Americans: Report $600 Transactions from Payment Processors or Risk Audit
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.