The IRS is at risk of losing $20 billion in funding without legislative intervention
U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative ...
What the Top 1% Really Pays the IRS
They kick in 40.4% of income taxes, nearly double their income share.
The New Republic on MSN3dOpinion
How the Hell Did Democrats Leave the IRS $20 Billion in the Red?
Democrats forgot to read the fine print on a bill and spoon-fed a huge victory to Republicans who want to kill the IRS. The ...
Biden Administration Wants To Protect IRS Funding As Budget Deadline Nears
Treasury’s deputy secretary warned that the U.S. could lose $140 billion over a decade if it ends a recent funding boost to ...
This Florida couple bought a home from foreign nationals — months later, they received a $30K fine from the IRS
The fine is the result of the failure of the seller's attorney to pay the required capital gain taxes on the home. According ...
Accounting Today3d
IRS could lose another $20B in funding
The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue ...
IRS Issues Urgent Warning Over Incorrect Claims
November 22, 2024, is the deadline for the Internal Revenue Service's second Employee Retention Credit Voluntary Disclosure ...
What To Do If You Need An EIN From The IRS Before Year's End
Obtaining a new EIN before year-end can be quite difficult with the online application shutdown. Fortunately, there are ...
The Herald-Dispatch22h
IRS encourages taxpayers to prepare for 2025 filing season with online tools and key reminders
As the nation’s tax season approaches, the Internal Revenue Service is reminding people of simple steps they can take now to ...
IRS Issues Advice Ahead of 2025 Tax Season
The agency is advising American taxpayers to take advantage of various online tools on its website to help with filing taxes.
The $1 Qualified Offer: A Powerful Tool For Taxpayers In IRS Disputes
In a recent court case, three taxpayers succeeded in obtaining an award of their litigation expenses from the IRS even though ...