Why IRS Will Owe Some Americans Extra Money on Top of Tax Refund
In her 2024 Annual Report to Congress, Collins highlights the second most serious problem as delays in tax return processing, ...
Warren questions Trump IRS nominee’s experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service ...
IRS has improved taxpayer services but is slow to resolve ID theft, an independent watchdog says
An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act ...
Republicans seek to abolish IRS and make illegal immigrants pay taxes
House Republicans are resurging efforts to install a national sales tax and abolish the Internal Revenue Service but with a ...
IRS Extends Tax Deadline For Jimmy Carter Remembrance Day
After Carter died on December 29, aged 100, President Joe Biden declared January 9 as a day of national day remembrance ...
IRS must ramp up resources for identity theft victims, says watchdog
The annual report by the agency’s national taxpayer advocate also flagged ongoing problems with the troubled Employee ...
Do patrons have to report home purchase gift money to the IRS?
The short answer for Question 1 is yes, in most cases you are supposed to report the gift. For Question 2, contributors ...
Vanguard1d
Edo Internal Revenue Service targets over N10b monthly revenue
Hon. (Barr.) Oladele Bankole-Balogun, has expressed his determination to revolutionize revenue collection in Edo State, ...
JD Supra1h
Final Regulations Issued in Final Days of Congress: Clean Hydrogen Production Tax Credit
The Department of Treasury and the Internal Revenue Service issued final regulations regarding the Section 45V clean hydrogen production credit.