The IRS is increasing the standard deductions for 2023 as inflation intensifies
The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.
IRS
You may get an IRS refund if you filed your taxes late during the pandemic
The IRS is refunding penalties it charged taxpayers for filing their 2019 and 2020 tax returns late, as a form of COVID-19 relief. The refunds don't apply to penalties for failing to pay your taxes.
The IRS just got $80 billion to beef up. A big goal? Going after rich tax dodgers
The big climate and health care bill passed by the House Friday includes billions in new funding for the IRS over the next decade. Most of that money is aimed at catching wealthy tax cheats.
IRS head is getting questioned by lawmakers after former FBI officials were audited
IRS Commissioner Charles Rettig, who was appointed by President Trump in 2018, will face questions behind closed doors from lawmakers in the House and Senate before the end of the month.
Does the IRS really want to spy on your bank account? The latest tax fight, explained
The Biden administration hopes to help fund its agenda by cracking down on tax evasion, but its plan to require more bank information is drawing strong opposition from GOP lawmakers and banks.
The IRS Won't Be Calling, Emailing Or Texting. Don't Fall For Child Tax Credit Scams
"Be alert to criminals who ask you, by phone, email, text – or even on social media, to verify your information," the IRS cautions.
Stimulus Debit Cards Unusable For Prison Inmates In At Least Four States
The debit cards can't be processed in prisons so inmates can't deposit their payments. The IRS has acknowledged the problem, but hasn't offered an immediate solution.
Nearly $1.4 Billion In Coronavirus Relief Payments Sent To Dead People
The improper payments happened due to confusion over whether dead people should receive the payments from the IRS, according to a report by the Government Accountability Office.
Want Your Stimulus Check Direct Deposited? Sign Up By Noon Wednesday
This applies to people who haven't received a payment and who haven't checked that the IRS has their information. Those who miss the deadline will get a paper check, which may not arrive until June.
Report: Adding Trump's Name To Checks Will Delay Them. IRS Says They're On Schedule
The IRS said the economic relief payments "are going out on schedule, as planned, without delay." The Washington Post reported that Trump's name would be included on the checks, an unprecedented step.