The Internal Revenue Service (IRS for its acronym in English) is in charge of carrying out the tax return, but how long it takes to...

The Internal Revenue Service (IRS) reported Monday that more than 1.5 million people will soon lose the chance to claim nearly $1.5...

The Internal Revenue Service (IRS) reported that unclaimed income tax refunds total $1.5 billion, which may be waiting for an estimated...

Well into filing season and with a third of returns received, the IRS reported that the average amount of refund taxpayers receive is...

The IRS has issued more than 45 million tax refunds worth a total of nearly $152 billion as of March 11, the agency reported Friday....

Internal Revenue Service Commissioner Charles Rettig told Congress today that the backlog of tens of millions of tax returns from last...

The Internal Revenue Service entered this tax filing season severely backlogged and shorthanded—the result of decades of underfunding...

Tax returns are notoriously tricky when they involve income from equity compensation: stock options, restricted stock or restricted stock...

Last week’s article discussed why the IRS should increase transparency in its development, acquisition, and use of technology that...

It’s the middle of every American’s favorite time of the year … to hate: tax season. Starting on Jan 24th, the IRS started accepting tax...

The Internal Revenue Service will launch a full-court press this month to tackle its massive backlog of tax returns, aiming in the next...

Let’s say that, a few years ago, I individually made a sizable loan to a friend. Since there is no chance I will be repaid, can I report...

The Internal Revenue Service on Tuesday updated its Child Tax Credit and Advance Child Tax Credit FAQ fact sheet with new information...

California proposed a new tax to take effect in 2023 that could collect billions in taxes. The bill was introduced by Assemblymember Alex...

In May 2021, a Tennessee couple, Joshua Jarrett and Jessica Jarrett (Jarretts), filed a complaint with the IRS arguing that the Tezos...

While most of the penalties are unforgiving and are enforced to the letter by the IRS, a handful of them can be relieved if the taxpayer...

Many owners of inherited IRAs are in for a surprise. In a change, the Treasury Department reinstated required annual minimum...

A change of address, a new bank account number, or just a check that gets lost in the mail. There are a number of reasons why you may not...

As of January 24, the Internal Revenue Service (IRS) began receiving tax returns for the 2021 tax year. The deadline to complete the...

For many, that will be a perplexing question this year, as the understaffed agency is behind in processing millions of returns. However,...