IRS

IRS Free File Can Help People Who Have no Filing Requirement Find Overlooked Tax Credits and Get a Refund

April 14, 2021

Finance

British Reporter — The Internal Revenue Service urged low- and moderate-income individuals and families, especially those who don’t normally file a tax return, to use IRS Free File to prepare their own federal tax return, e-file it and get a refund – all for free.

IRS Criminal Investigation identifies $2.3 bln in tax fraud

The FINANCIAL — The Internal Revenue Service released the Criminal Investigation Division’s annual report PDF,

by The FINANCIAL

November 17, 2020

2 mins read

National EIP Registration Day: Community partners can help people sign up for Economic Impact Payment

The FINANCIAL — The Internal Revenue Service urged anyone who doesn’t normally

by The FINANCIAL

November 10, 2020

2 mins read

IRS urges students to register so they can receive $1,200 Economic Impact Payment

The FINANCIAL — The Internal Revenue Service (IRS) today urged any eligible self-supporting

by The FINANCIAL

November 6, 2020

2 mins read

America

IRS and tax industry warn taxpayers of a new coronavirus-related scam

The FINANCIAL — The Internal Revenue Service, state tax agencies and the tax industry today warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving the $1,200 Economic Impact Payment.

by The FINANCIAL

November 5, 2020

1 min read

Finance

Internal Revenue Service announced changes to help struggling taxpayers

The FINANCIAL — The Internal Revenue Service announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more easily settle their tax debts with the IRS. The IRS assessed its collection activities to see how it could apply relief

by The FINANCIAL

November 3, 2020

3 mins read

Finance

IRS released tax inflation adjustments for 2021

The FINANCIAL — The Internal Revenue Service announced the tax year 2021 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2020-45 PDF provides details about these annual adjustments. Highlights of changes in Revenue

by The FINANCIAL

October 27, 2020

2 mins read

Tech

Facebook sued for $9bn in a tax court trial

The FINANCIAL — The Internal Revenue Service have accused Facebook of deliberately “downplaying” the value of its assets as part of a scheme to pay less US tax. The IRS claims that Facebook owes more than $9 billion linked to its decision

by The FINANCIAL

February 19, 2020

2 mins read