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The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
The Internal Revenue Service released its 2025 Data Book outlining activities during fiscal year 2025, as it continued to carry out functions despite cutbacks.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for June 10, 2026 – June 21, 2026. June 9, 2026: A Treasury Inspector General...
The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already provided direct deposit information.
In early June, the Treasury Inspector General for Tax Administration released a lightly redacted report on the IRS’s implementation of its April 2025 data-sharing agreement with th...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 29, 2026 – June 8, 2026. May 29, 2026: The US Department of the Treasu...
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...
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.
If you owe the Internal Revenue Service (IRS) after the filing deadline, the IRS may add two types of charges […] The post How IRS Penalties and Interest Work appeared first on .
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...
Internal Revenue Service, IR-2026-83, July 8, 2026 The Internal Revenue Service is implementing a significant procedural evolution regarding administrative penalty relief. The...
Finding an envelope from the IRS in your mailbox can stop you in your tracks. But before you panic, it […] The post 5 Common IRS Notices Explained: CP14, CP2000, and More appeared...
The Internal Revenue Service's process for referring taxpayer inquiries to other business units can lead to delays and lost referrals, according to a new report.
The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.
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.
If you got a letter from the IRS and are wondering how to respond to an IRS notice, there are […] The post How to Respond to IRS Letters Step-By-Step appeared first on .
The report from the Treasury Inspector General for Tax Administration finds that manual tracking and uneven workloads slow resolution of cases of unidentified payments.
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.
The Internal Revenue Service increased overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown.
Did you file your return and realize your balance is more than you can pay all at once? Don’t worry, […] The post How to Set Up an IRS Payment Plan Using Form 9465 appeared first o...
The Internal Revenue Service is having trouble keeping track of exactly which other agencies are receiving the data, according to a new report.
As examination activity slows, tax practitioners are reporting a marked increase in aggressive collection actions - including bank levies and passport restrictions for those with s...
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