IRS receives billions in unidentified payments
The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
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The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for April 1, 2026 – April 9, 2026. April 3, 2026: The White House proposed sig...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for April 20, 2026 – May 1, 2026. April 23, 2026: The IRS has reportedly begun...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 1, 2026 – May 11, 2026. May 1, 2026: The IRS Office of Chief Counsel i...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for March 23, 2026 – March 31, 2026. March 23, 2026: A US Treasury Inspector G...
Treasury and IRS recently issued final regulations on the “No Tax on Tips” deduction. These regulations list more than 70 occupations from tipped workers, to bartenders and water t...
Updated for tax year 2025. If you find that you owe a significant amount of money to the government when […] The post IRS Payment Plans: The Basics appeared first on .
The Internal Revenue Service established a program to allow corporate taxpayers to request rulings on certain issues.
A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.
The new excise tax under the One Big Beautiful Bill Act will impose new costs on remittances sent by immigrant workers to family members abroad.
The IRS's Office of Professional Responsibility warned tax preparers of endorsing or negotiating taxpayers' federal refunds.
With tax-return-filing deadlines upon us, many people will turn to paid professionals for assistance in preparing tax returns or use filing software. Some will visit the IRS’s webs...
On April 10, 2026, the Internal Revenue Service (IRS) and U.S. Department of the Treasury unveiled a new final rule implementing the “No Tax on Tips” provision of the 2025 One Big...
If you owe taxes after filing your individual income tax return, the IRS offers several payment options to help you […] The post 7 Ways to Pay Your Income Tax Bill appeared first o...
Question: I received a letter supposedly from the IRS regarding the IRS not being able to direct-deposit my 2025 Form 1040-SR refund and am asking your assistance on whether the le...
Over 1,000 IRS employees owe more than $8 million for not complying with the terms of a program that helps them repay their student loan debts.
Using PayPal® makes sending and receiving money easy, whether you’re splitting dinner, running a small business, or getting paid as […] The post PayPal Taxes: How PayPal IRS Report...
Taxpayer Services staff handling calls, correspondence, and other tasks logged most of the overtime, the report from the Treasury Inspector General for Tax Administration said.
The Internal Revenue Service sometimes backdated tax penalty approvals in at least seven cases involving syndicated conservation easements, according to a new report.
The report from the Treasury Inspector General for Tax Administration finds that manual tracking and uneven workloads slow resolution of cases of unidentified payments.
For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.
From the making-America-late-on-interest-payments-again dept The post US Going Deeper Into The Red Now That The IRS Is Sharing Tax Data With ICE appeared first on Above the Law.
The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts...
The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
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