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Updated for tax year 2026. You owe the IRS at tax time when your total tax for the year is […] The post Why Do I Owe Taxes To The IRS? appeared first on .
The IRS's overall improper payment rate on refundable tax breaks increased from 21.9% in 2024 to 26.5% in 2025, totaling about $28.1 billion.
Taxpayers paid the IRS $5.3 trillion in fiscal year 2025, up 13.2% from fiscal year 2023 and the highest amount ever, without adjusting for inflation.
The IRS will send a confirmation notice to eligible taxpayers.
Eligible businesses and organizations can now view more digital notices, make payments on installment agreements, and obtain EIN verification documents online.
The Internal Revenue Service is giving organizations more ways to view digital notices, make payments, and access and manage federal tax account info online.
In many years of paying taxes, I’ve never had a problem with the IRS. So, I was surprised to receive a letter dated May 25 informing us that my husband and I owe lots more money th...
Calling the IRS used to feel almost unavoidable when you needed an old tax record, wanted to confirm a payment, or had questions about money...
The IRS will be cracking down further on people who fail to file tax returns after earlier efforts didn't do enough, according to a new report.
The IRS is urging taxpayers to take several steps now to make it harder for identity thieves to use stolen personal information to file fraudulent...
For most taxpayers, the 2026 filing season was normal, a government report says. Those who filed paper returns or relied on paper refund checks faced delays because of a smaller IR...
The Internal Revenue Service's Criminal Investigation unit has been stepping up its enforcement efforts targeting financial crimes tied to illegal gambling.
Notice of Proposed Rulemaking, REG-119882-25, RIN 1545-BS06, ‘Application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the Refunded Portion...
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...
Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.
Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.
This fall, Congress could allow billions of dollars in IRS funding to disappear on autopilot. However, the Stop CHEATERS Act would restore the multi-year mandatory funding rescinde...
Backup Withholding on Third Party Network Transactions, T.D. 10053, 91 Fed. Reg. 16269 (Aug. 10, 2026) On August 10, 2026, the Department of the Treasury and the Internal Rev...
One of the best ways taxpayers can protect themselves from identity theft is by requesting an Identity Protection Personal Identification Number. What taxpayers should know about a...
Pellegrino v. United States, No. 1:26-cv-00403, 2026 WL (Fed. Cl. Aug. 20, 2026) In Pellegrino v. United States, No. 1:26-cv-00403 (Fed. Cl. Aug. 20, 2026), Judge Philip S....
The digitally authenticated report can be used when applying for a job, loan, government benefit or another service requiring tax compliance information.
The IRS broke a Watergate-era privacy law when it gave information on 47,000 people to ICE for use in immigration enforcement, a federal appeals court ruled Tuesday.
The Internal Revenue Service didn't do enough to ensure a drug-free workplace, according to a new report.
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