Donor reporting requirement eliminated for these tax-exempt groups
The Trump administration is looking to both eliminate a burdensome compliance requirement and protect taxpayer privacy.
IRS
IRS may deny 362K Americans passports for unpaid taxes
The IRS began notifying the State Department in February about individuals who have “seriously delinquent” tax debts in excess of $51,000.
The new 1040: A look at the proposed draft
The form is less than one page, but may require additional documents.
New 1040 tax form will be the size of a postcard
U.S. Treasury Secretary Steven Mnuchin said the Internal Revenue Service will be ready to unveil new tax forms next week.
IRS may squash SALT workarounds in high-tax states
Taxpayers are ultimately beholden to federal law when it comes to the characterization of their tax payments, according to the IRS and Treasury Department
‘Pharma Bro’ Martin Shkreli’s debts stoke clash between feds, NY
The 35-year-old former executive is currently serving a seven-year prison sentence at a federal prison in Fort Dix, New Jersey.
IRS needs to modernize crashing computer system, lacks funds
On one of the busiest tax days of the year, IRS software failures highlight a desperate need for the agency to modernize its systems.
Exodus out of high tax states with unfunded pensions?
Center for Freedom and Prosperity Chairman Dan Mitchell on the IRS and the growing risks from states' mounting unfunded pension liabilities.
Taxpayers get one-day reprieve after IRS site crashes
April 18 is the new deadline for filing.
IRS audits fall to lowest level since 2002
Here’s a look at your chances of being audited.
IRS unveils tax calculator: Does your W-4 need to be updated?
Experts urge individuals to check their withholding amounts under the new code.
IRS trustworthiness with taxpayer money in question
Tax regulation should be overseen by the OMB and Treasury.
IRS says thieves are stealing refunds from taxpayers
The Internal Revenue Service (IRS) issued a warning to taxpayers this week to beware of “erroneous refunds.”
Employers pushing back against IRS over ObamaCare employer mandate
Fox News senior judicial analyst Judge Andrew Napolitano on employers pushing back against IRS over the ObamaCare employer mandate.
IRS warns of refund scam
FBN's Cheryl Casone on the IRS's warning about a rapidly growing refund scam.
Trump triggers IRS cut of 298 tax regulations
The move follows a pair of executive orders issued by the president last year. Some of the regulations have been outdated for decades.
Trump chooses new IRS chief: Here's what you need to know about Charles Rettig
President Donald Trump will nominate Charles Rettig, a California tax attorney, to lead the Internal Revenue Service (IRS) as it implements the Republican tax cuts.
IRS asks for extra cash: Are Americans more at risk of being audited?
Republicans are currently weighing the best ways to devote more resources to the Internal Revenue Service (IRS) after years of budget cuts at the agency, but that doesn’t necessarily mean the number of audits are set to increase, experts say.
How the IRS may mess up your paycheck this year
Beginning in February, Americans can expect to see tax reform changes reflected in their paychecks, however, the new system could leave more room for miscalculation where withholding amounts are concerned.
Tax reform: IRS, Treasury take first step toward raising your paycheck
The Internal Revenue Service and U.S. Treasury Department released new withholding guidance on Thursday, indicating that employees should see the tax reform changes reflected in their paychecks by next month.