A TIGTA report found that thousands of IRS new hires during the agency’s 2024 expansion lacked training and equipment, ...
The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
“These programs were developed and adapted in response to tax practitioner feedback, according to IRS officials,” the report said of the VDP. “The growth of ERC promoters and IRS communication in 2023 ...
With the 2026 tax season approaching, the IRS is focusing its audit efforts. Find out if your income level or job puts you at ...
Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office ...
This is not the year to slack off on your tax return. IRS technology reliably catches errors, but the Trump admin's IRS staff cuts mean resolving issues could take years.
WASHINGTON -- The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an independent ...
As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on “qualified overtime” and “qualified tips” received during tax years 2025 through 2028. The following is a ...
What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...