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IRS

Published
December 15, 2023

IRS reverses itself, now says $450 state payments for energy relief will be exempt from taxes

The federal agency had said this week that the payments would be taxed, drawing criticism from state officials.
Published
November 7, 2023

Treasury’s Yellen calls Republican effort to cut IRS funding ‘damaging and irresponsible’

House Republicans argue it would save taxpayer money, but independent budget analysts say it would actually cost taxpayers billions from uncollected tax revenues.
Published
October 30, 2023

House Republicans demand IRS budget cuts to pay for Israel aid

Republicans propose cutting IRS funds aimed at cracking down on rich tax cheats and improving taxpayer service.
Published
October 17, 2023

IRS plans limited rollout of free e-file tax return system with invitations to select taxpayers

The introduction of a government-run option could upend the industry and fundamentally change the way taxpayers interact with the IRS.
Published
September 14, 2023

IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims

The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic.

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Published
September 8, 2023

IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes

A team of academic economists and IRS researchers in 2021 found that the top 1% of U.S. income earners fail to report more than 20% of their earnings to the IRS.
Published
July 27, 2023

Another View: Surprise! Good tidings from the IRS

The federal agency has been doing better. Now it needs to go after the most sophisticated scofflaws.
Published
July 24, 2023

IRS is ending unannounced visits to taxpayers, to protect workers and combat scammers

The agency in recent years has experienced more threats, in part tied to conspiracy theories that agents were going to target middle-income taxpayers more aggressively.
Published
July 14, 2023

IRS says it collected $38 million from more than 175 high-income tax delinquents

Federal tax collector's enhanced ability to identify tax delinquents comes from resources provided by the Inflation Reduction Act.
Published
June 22, 2023

Republicans release whistleblower testimonies from former IRS agents in Hunter Biden case

The release of the testimony comes just 2 days after Hunter Biden, 53, announced he will plead guilty to misdemeanor tax offenses as part of an agreement with the Justice Department.