IRS: Truckers required to pay heavy highway vehicle use tax by Aug. 31
Long-haul truckers and buses need to file and pay the heavy highway vehicle use tax by Tuesday, August 31, the IRS said.
Tax deadlines for Hurricane Ida victims delayed until early January, IRS says
The Internal Revenue Service on Tuesday said that victims of Hurricane Ida, including all Louisiana residents, have until Jan. 3, 2022 to file individual and business tax returns and make payments due after Aug. 26.
61% of Americans paid no federal income tax last year, study shows
Nearly 61% of Americans paid no federal income taxes in 2020, a temporary spike attributed to a sudden decline in income and a massive boost in government subsidies during the coronavirus pandemic.
IRS mismanaged, misreported technology purchases, IG probe finds
A recent audit found the Internal Revenue Service misreported information about more than $726 million and potentially overpaid almost $900,000 for government contracts.
Second child tax credit payment distributed this week: What parents need to know
A second payment from the IRS goes out Friday, providing some extra cash to millions of families across the U.S. as part of the expanded child tax credit.
Child Tax Credit scams among ‘hottest’ cons this summer: Kurt the CyberGuy
Kurt Knutsson on what you should know about Child Tax Credit-related scams.
US Olympic gold medal swimmer Katie Ledecky likely to owe tens of thousands in taxes for winnings
Olympic gold medalist swimmer Katie Ledecky will be leaving Tokyo with two gold medals and two silvers, and reportedly a large tax bill.
Republicans raise security, privacy concerns as IRS stays silent on ProPublica leak
Republicans on Tuesday pressed the IRS for answers regarding a leak of high-profile taxpayer data earlier this year, expressing concern about possible threats to national security and Americans’ privacy.
Dems push IRS reform after it was dropped from $1T infrastructure bill
Sens. Elizabeth Warren, D-Mass., Bernie Sanders, I-Vt., and Sheldon Whitehouse, D-R.I., wrote a letter to IRS Commissioner Charles Rettig on Monday requesting more information on the “benefits of investing in the IRS” after a proposal to inject $40 billion into the agency to close the tax gap was scrapped earlier this year.
IRS tax gap bill in progress by GOP as estimates are in doubt
Republicans are working on ways to address the IRS’ tax gap, after several powerful members of the party cast doubt on the estimates that have been floated.
IRS issues another round of unemployment tax refunds to 1.5M Americans
The IRS is delivering another batch of federal refunds to Americans who collected unemployment benefits last year and paid taxes on that money
Millions of eligible children may miss out on expanded Child Tax Credit, study finds
The IRS is missing the required information for millions of American households that could potentially qualify to receive the expanded Child Tax Credit, a new report shows.
Crypto crackdown to help finance bipartisan infrastructure bill
The infrastructure deal agreed upon by lawmakers and President Biden on Wednesday includes a crackdown on cryptocurrencies as one way to raise revenue to support spending.
IRS leak of wealthy taxpayer records can be used to destroy any American: Rep Issa
Lawmakers are sounding the alarm about the IRS leak of wealthy taxpayer records earlier this year and are demanding accountability.
Top Republicans question tax gap figures as IRS enforcement beef-up hangs in limbo
Top Republicans are raising concerns about unexplained tax gap estimates as IRS enforcement funding hangs in limbo during ongoing discussions regarding a bipartisan infrastructure deal.
Wyden warns ‘millions’ could miss out on key credit due to IRS website flaws
Sen. Ron Wyden, D-Ore., this week warned that “millions” of families could be at risk of missing out on the expanded Child Tax Credit over their inability to access a key tool.
IRS warns taxpayers about Child Tax Credit scams as payments reach households
The IRS is warning taxpayers about a growing number of scams related to Child Tax Credit payments, which the agency just began sending to qualified households last week.
NJ woman trying to prove she's alive after 7 year-battle with IRS
A New Jersey woman has fought for more than 7 years to prove to the IRS that she is, in fact, not dead, despite what their records say.
First child tax credits start arriving - why some parents should opt out of the payments
Tens of millions of families received some extra money on Thursday, when the IRS distributed the first of six monthly payments from the newly expanded child tax credit.
Democrat spending bill is about 'hurting working class families': Rep. Jason Smith
Rep. Jason Smith, R-Mo., on the Democrats' $3.5 trillion spending bill and President Biden's allocation of spending at the border.















