Repeat after me: “The IRS does not initiate contact with taxpayers by email, text messages, or social media channels.”
The Internal Revenue Service has gotten much leaner lately.
Lately we have been hearing more about crowdfunding and the unexpected tax consequences that can arise when funds are disbursed.
The Internal Revenue Service has some important information for those who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your income.Read more →
Restaurants are rethinking the way they add gratuities automatically for large groups, after the IRS said it will begin taxing them as service charges instead of tips.
If the IRS owes you money and you want it quickly, file an electronic return.
With the latest IRS data, our tool lets you compare your income and how much taxes you pay to your fellow taxpayers.
The Internal Revenue Service enjoys ample room for improvement on a number of issues, according to tax practitioners asked about the agencys biggest challenges.
Many people are unaware that the IRS has a “hardship status,” Meaning your account is currently not collectible if levy action will create a hardship.
Changes in IRS policies in response to identity theft make tax season more confusing
The IRS recently released security tips that individuals and businesses should consider when filing important tax information online.
Crooks are using phrases like 'tax return reminder' in a new email scam that aims to steal data. IRS warns this may be way to infect your computer.
The IRS data breach is worse than originally expected.
The IRS is getting better at finding secret stashes of overseas cash and tax evaders are receiving harsher penalties than ever, including prison.
A computer program helps decide which returns should be the focus of an audit.
Mormons are supposed to tithe 10 percent of income. But what counts as income?
You can protect yourself from these IRS email scams by learning what information they usually contain and why they can put you at risk for identity theft.
IRS and Other Asset Levies Explained Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about it. Note: If you …
The IRS has these ten tips to avoid being scammed:
The IRS's rules for required withdrawals from retirement accounts could provide a framework for retirees trying to calculate how much of their savings they can safely withdraw every year.
The IRS audited just 1% of all individual tax returns last year, but if you want to remain in the 99% watch out for some of these problems on your return.