IRS releases new income tax brackets for 2021
The IRS on Monday released the updated tax brackets for the 2021 filing season, which have been modified to reflect inflation.
Taxes are due today for Americans who received a filing extension
For Americans who requested a tax deadline extension earlier this year, Thursday marks the final day to file 2019 income returns without a financial penalty.
IRS places lien against controversial Baltimore prosecutor Marilyn Mosby for unpaid taxes
The IRS placed a $45,000 lien against Baltimore prosecutor Marilyn Mosby and her Husband Nick Mosby -- a Democratic nominee for City Council president -- after it was discovered they had three years of unpaid federal taxes, according to official records.
California judge rules inmates owed $1,200 stimulus payments
The government has appealed the decision.
IRS extends deadline for millions of Americans to register for stimulus check
The IRS announced Monday that it was extending the deadline to register for the money to Nov. 21.
Tech titan John McAfee indicted for tax evasion
If convicted, McAfee faces up to five years in prison on each count of tax evasion and up to one year in prison on each count of willful failure to file a tax return.
IRS investigating NRA’s Wayne LaPierre for possible tax fraud
The IRS is investigating longtime NRA CEO Wayne LaPierre for possible criminal tax fraud related to his personal taxes, according to people familiar with the matter.
Still need your coronavirus stimulus check? Key deadlines to know
No stimulus check yet? You still have time to make sure you get your money.
IRS may revise 1040 to coax taxpayers into reporting crypto transactions
Taxpayers who fail to pay taxes on virtual currency transactions may face penalties and interest.
Will coronavirus budget issues cause tax auditors to crack down on remote workers?
Coronavirus-related challenges are likely to change many people’s tax filing situations.
9M Americans missing stimulus payments on IRS mailing list
Eligible individuals may need to provide their information to the agency in order to claim their funds.
IRS updates cryptocurrency tax guidance
The agency clarifies that virtual currency received for small tasks on a crowdsourcing platform is taxable.
IRS risks ‘catastrophic breakdown’ without funding to upgrade IT
Watchdog says agency needs more than $2 billion.
IRS to mail stimulus checks to 50,000 Americans after error
The IRS is sending out "catch-up" stimulus checks to about 50,000 Americans in September after an error the agency made earlier this year.
IRS takes steps to solve stimulus check troubles
The agency will reportedly hire thousands to help handle economic impact payment correspondence.
IRS to suspend tax balance due notices amid mail backlog
Some people’s checks may still be unopened as the agency works through mail pile-up.
IRS to send interest payments averaging $18 to nearly 14M Americans
Nearly 14 million Americans will receive interest payments from the IRS averaging about $18.
Trump's payroll tax deferral may lead to significant tax bills for workers, business groups warn
Without congressional forgiveness, workers could owe thousands to the IRS next year.
IRS reopens window for people to claim missing $500 stimulus payments
People have until the end of September to provide information about qualifying dependents.
Tax payment still not processed? What to know
The check may still be unopened, the IRS says.