IRS holding over 35M unprocessed tax returns as backlog swells
The IRS is facing more than 35 million unprocessed tax returns, delaying refunds for many low-income Americans as the agency struggles to adopt a slew of changes related to coronavirus relief efforts, a government watchdog said Wednesday.
Trump escapes criminal tax evasion, CFO nabbed as low hanging fruit
Trump Organization and CFO Weisselberg surrendered on Thursday.
IRS kicks off ‘Dirty Dozen’ list with COVID-19 scams and schemes
The IRS on Monday released the first series among its top 2021 scams to watch out for, where it described several “aggressive and evolving” pandemic-related schemes.
IRS launches 2 new online tools to help families claim boosted child tax credit
Parents can now check their eligibility status for the expanded child tax credit and manage the monthly payments using two new online tools the IRS launched this week.
IRS blocks tax exempt status for Christian group, not Michelle Obama non-profit
Fox News host Sandra Smith says IRS failed to present why the group didn't qualify for tax exemption on 'Kudlow'
Congress targets Big Tech in bipartisan legislation
Sen. Marsha Blackburn, R-Tenn, tells her Democratic colleagues 'don't create a behemoth' with the FTC and DOJ as Congress shifts its focus on the tech giants.
IRS rejects tax-exempt status for Christian group over ties to Republican Party
The IRS recently rejected the tax-exempt status request for a Texas-based Christian group over its purported ties to the Republican Party.
FBI begins probe into IRS leak
Former DOJ official Robert Driscoll says the 'IRS has to come down heavy' on leaker
FBI opens investigation into IRS tax data leak
The Federal Bureau of Investigation has opened an inquiry into the leak of personal income and tax data of some of the wealthiest Americans.
How to register for the enhanced child tax credit
The U.S. Treasury Department and the IRS on Monday announced a new online tool to help taxpayers apply for the Child Tax Credit.
FBI probing illegal IRS leak of tax returns from America's wealthy
South Carolina congresswoman questions timing of billionaire info release ahead of progressive pitch to increase taxes
Tax gap projected at 15% of total taxes owed over the next 10 years, tax official says
The amount of tax liability that is not paid by taxpayers is likely to hit trillions of dollars over the next ten years, a Treasury Department official said on Thursday.
Pandemic unemployment fraud may be up to $400B
'The Hill' columnist Kristin Tate on pandemic benefits. and YouTuber Matt Kohrs on Reddit investors growing wary of hedge fund posers in forum.
IRS leak 'smells suspicious' as Democrats push for wealth tax
Elizabeth McDonald and Rep. Jody Hice, R-GA, discuss the Biden administration's new IRS scandal
Tax records of America’s wealthiest leaked to the media
Karl Rove joins 'Fox Business Tonight' to discuss Democrats using the IRS leak
Leaked IRS data used for political gain: James Freeman
Fox News contributor discusses the illegal leak of taxpayer information on ‘The Evening Edit’
Larry Kudlow calls for 'urgent and immediate' investigation into IRS leaks
Fox Business host Larry Kudlow host reacted Wednesday to leaked tax records of wealthy Americans to ProPublica, calling for an “immediate” investigation on "Kudlow."
IRS wants Congress to help collect cryptocurrency tax information
IRS Commissioner Charles Rettig on Tuesday told lawmakers that the tax agency needs broader authority to collect information on digital currency transactions in order to ensure people report and pay what they owe.
Market is ‘ready’ for Fed tapering: El-Erian
Queens College Cambridge President Mohamed El-Erian on Treasury Secretary Janet Yellen's comments about the impact of higher interest rates.
El-Erian on Treasury Secretary Yellen's comments on Fed, inflation fears
Queens College Cambridge President Mohamed El-Erian discusses inflation, worker wages and Treasury Secretary Janet Yellen's comments on interest rates.