Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are ...
Collection letters from the IRS are going out in the mail again after a two-year pause. The automated reminder notices started up again in January after they had been halted temporarily due to the ...
During the global pandemic, the federal government made changes to give citizens a helping hand during an unprecedented time. Like many other government agencies, the Internal Revenue Service limited ...
Millions of Americans scrambled to get their taxes done and paid by April 15. The majority of filers – three out of four – get refunds. This year the refunds were pretty large, on average $3,000. But ...
The IRS collects and analyzes a staggering amount of data to enforce the laws passed by Congress. With an estimated operating budget of $14 billion in fiscal year 2024, the IRS will be responsible for ...