IRS

On Monday, Internal Revenue Service officials announced that they have introduced a new method of signing up (facial recognition technology) for online accounts that will allow taxpayers to avoid using controversial biometric data.…

In order to deal with the massive backlog of tax returns from the previous year, the Internal Revenue Service is reassigning staff to deal with the mountains of unprocessed paper that has accumulated. However, the Internal Revenue Service…

During the wild 2022 tax season, there are have been more surprises than ever. As a result of a backlog of tax returns, the IRS will no longer send certain notices to taxpayers, particularly letters advising of unfiled tax returns or…

It's only now that you're experiencing the winter blues, but wait until you hear about the IRS. The IRS is feverishly scrambling to clear a large backlog of old material at the same time that Americans are filing their 2021 tax forms,…

The IRS generally requires taxpayers to report jobless benefits as taxable income. In addition to regular unemployment insurance, there are many special unemployment compensation programs passed by Congress during the pandemic. Workers who…

The Internal Revenue Service (IRS) is still playing catch up after last year's tax season was plagued by technical glitches, government staff shortages, and endless processing delays. On top of that, it's about to experience its first…

In the U.S., three out of four taxpayers receive an IRS refund every year, which is usually the biggest check of the year for a family. Tax season is now underway, and taxpayers may see another snarl in the IRS's return processing like last…

Those who receive letters from the Internal Revenue Service often experience a sense of panic, but in the case of a failed tax payment, it is possible to rectify the situation. A tax return is submitted to the Internal Revenue Service…

A revised version of Form 14457, Voluntary Disclosure Practice Preclearance Request and Application PDF was released today by the Internal Revenue Service, which included the addition of a section on reporting virtual currency. Form 14457…

The following article is part of CNET's Taxes 2022 series, which provides coverage of all the best tax software and everything you need to get your return filed on time, accurately, and quickly. Early filers are already receiving their tax…