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WASHINGTON, D.C. — To streamline the tax filing process, the Internal Revenue Service (IRS) is debunking common misconceptions surrounding Form 1099-K. This proactive approach is intended to ensure taxpayers understand …
IRS Unravels Mysteries of Form 1099-K: What Taxpayers Need to Know Read More
WASHINGTON, D.C. — In an assertive move towards improved tax compliance and systematic fairness, the Internal Revenue Service (IRS) has unveiled a new initiative aimed at high-income taxpayers who have …
IRS Targets High-Income Tax Evaders in Expansive Enforcement Initiative Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) is sounding an alarm for taxpayers: If you received advance payments of the premium tax credit (APTC) and fail to reconcile it …
IRS Issues Reminder: Electronically Filed Tax Returns Rejected without Form 8962 Read More
WASHINGTON, D.C. — With tax season underway and millions of refunds sent out each week, the Internal Revenue Service (IRS) advises taxpayers to make use of the upgraded “Where’s My …
Revamped ‘Where’s My Refund?’: A Seamless Experience for Taxpayers Awaits Read More
WASHINGTON, D.C. — In a significant move that signals its growing focus on the digital asset space, the Internal Revenue Service (IRS) has announced the hiring of two private-sector experts. …
IRS Bolsters Digital Asset Expertise with Key Hires to Improve Cryptocurrency Compliance Read More
WASHINGTON, D.C. — To amplify tax justice and maintain fairness in the system, the Internal Revenue Service (IRS) has announced that it will be accepting supplemental applications for its Low …
IRS Invites Supplemental Applications for Low Income Taxpayer Clinic Grants Read More WASHINGTON, D.C. — In a bid to clarify the recently launched United States Department of Agriculture’s (USDA) Discrimination Financial Assistance Program, the Internal Revenue Service (IRS) has issued a set …
IRS Issues New Guidelines on USDA’s Discrimination Financial Assistance Program Read More
WASHINGTON, D.C. — If you ever thought of having a say in how the nation’s tax system works, here’s your chance. The Internal Revenue Service (IRS) is currently offering the …
IRS Calls on Civic-Minded Americans to Influence the Nation’s Tax System: Here’s How You Can Contribute Read More WASHINGTON, D.C. — In a recent announcement that will impact taxpayers across the United States, the Internal Revenue Service (IRS) has stated that interest rates will remain unchanged for the …
IRS Holds Steady on Interest Rates for Second Quarter of 2024 Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a reminder to farmers and fishers who chose not to make estimated tax payments by January that they must generally …
IRS Reminds Farmers and Fishers of March 1 Tax Filing Deadline, Offers Online Payment Solutions Read More