Commissioner Danny Werfel says the IRS is seeing "very powerful early results" in its efforts to improve enforcement on high wealth is paying off.
Charles Edward Littlejohn of Washington, D.C., gave data to The New York Times and ProPublica between 2018 and 2020 in leaks that appeared to be "unparalleled in the IRS's history," prosecutors said.
A nonprofit that supports defendants charged in the Jan. 6, 2021, insurrection is facing scrutiny over its political activity. "The IRS should investigate this case immediately," said one congressman.
For tax years 2021 and 2020, the latest to receive such IRS estimates, the projected gross "tax gap" soared to $688 billion and $601 billion, respectively. That is a significant jump from the past.
Hunter Biden claims the IRS unlawfully released his confidential tax return information. Among other things, Biden is seeking $1,000 for each unauthorized disclosure and attorneys fees.
Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits by about $1.5 trillion over the next decade.
Findings from an internal investigation come after researchers said the IRS was at least three times more likely to audit Black taxpayers than other racial groups.
The IRS is working to develop its own free electronic tax-filing system in a potential challenge to commercial products such as TurboTax. The agency plans a pilot test of the program next year.
Since 2018, over 75,000 victims have lost $28 million to IRS imposters over the phone, email, texts and more. Here's how the IRS actually contacts taxpayers and how you can spot imposters.
The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.