IRS News

IRS commissioner warns of prosecution. After the release of the names of some of the wealthiest Americans, showing they paid little, or virtually no income tax, the IRS Commissioner promised an investigation into the source of the leak, and pro... Read More

IRS overview of american rescue plan. The Internal Revenue Service has provided key aspects of tax provisions in the American Rescue Plan, and is urging taxpayers with children to file returns quickly for payments of the Child Tax Credit. Sev... Read More

IRS sends 1.8 million more checks. 1.8 million additional stimulus checks have been disbursed in the newest round of payments from the IRS, in total the third round of payments being 167 million, including add on payments for underestimated che... Read More

IRS just about caught up. When COVID-19 first hit back in January of 2020, the IRS like many government agencies, shut down. They were closed for nearly five and a half months. When they came back to life, like many other organizations, they ha... Read More

IRS getting aggressive again. With the Biden Administration set to inject Trillions into a lackluster U.S. economy, the politics of debt financing have come home to roost. Under President Trump, Republicans didn't mind opening up the coffers of... Read More

IRS is holding millions of tax returns. With the of tax identity theft, and refund fraud that has plagued the IRS in the last decade, the agency has taken a slower, lets take more time approach, to reviewing tax returns that may be questionab... Read More

IRS tax time guide on data. The Internal Revenue Service urged people to continue practicing proper cybersecurity habits by securing computers, phones and other devices. Scams and schemes using the IRS as a lure can take on many variations, so pra... Read More

Taxpayer advocate wants beefed up irs. After years of under funding the IRS, and watching the Federal Budget Deficit grow, both Congressional Democrats and Republicans have heard the calls for beefing up the IRS, That's because its the one Federal... Read More

Taxpayer advocate wants beefed up irs. After years of under funding the IRS, and watching the Federal Budget Deficit grow, both Congressional Democrats and Republicans have heard the calls for beefing up the IRS, That's because its the one Federal... Read More

Is it time for a simple flat tax. It's time for a simplified personal income tax system--a flat personal income tax. And, it's time to end class warfare revolving around it. Section 199A deduction is computed ? ON the same topic, don't be naive to... Read More