CBS reported Thursday that the IRS is rolling out plans for a "new wave of audits" focused on three specific groups of federal tax filers. Thanks to the Inflation Reduction Act's $80 billion in ...

The tax agency announced goals Thursday in an effort to show what it’s doing to maximize the billions of dollars provided by ...

IRS Commissioner Danny Werfel said Thursday the agency has made huge strides in improving customer service but it will soon ...

The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is ...

According to the Realtor.com® April housing data, the national required household income to purchase the median priced home rose to $116,000, up $5,900 from a year ago, after accounting for the cost ...

On March 11, more than a month after federal law requires, President Joe Biden finally submitted his budget proposal for ...

The IRS actively tries to bully frightened taxpayers into accepting positions (including settlement offers) during the audit ...

You can also be certain that as the tax-filing deadline approaches on April 15, scammers and fraudsters are still working to get their hands on your refund, through a series of different tactics — ...

Currently, the IRS has the authority to fix math errors on behalf of taxpayers, as long as it gives them a general notice of the adjustment and 60 days in which to respond. But the new bipartisan ...