IRS tax revenue reached record high but enforcement fell
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.
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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 Internal Revenue Service's Criminal Investigation division had to divert considerable resources from its regular work to aid immigration authorities.
IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.
Rev. Proc. 2026-33, October 22, 2026 The Internal Revenue Service has issued Revenue Procedure 2026-33, establishing the IRA Compliance Resolution System (ICRS). Effective May...
The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax...
A stopgap funding bill headed to the president would maintain the IRS’s $11.2 billion annual budget through Dec. 11 and prevent a second $11.6 billion funding rescission for now.
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 IRS and its Criminal Investigation division partnered with U.S. Attorneys' Offices around the country and uncovered more than $490 million in tax fraud.
The Internal Revenue Service has launched a new app to give taxpayers more ways to manage their accounts.The agency has replaced its longtime IRS2Go app with a new IRS app that inc...
The Internal Revenue Service is ditching 71 revenue rulings, revenue procedures, notices and announcements it previously published.
The Internal Revenue Service debuted a new mobile app, replacing its old IRS2go app with a new one simply called IRS.
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.
The Internal Revenue Service is closely examining the tax strategies used by some exchange-traded funds, according to a recent notice and revenue ruling.
Internal Revenue Service, IRS Announces Tax Relief for Taxpayers Impacted by Hurricane Isaias in Alabama; Various Deadlines Postponed to Feb. 4, 2027 , News Release AL-2026-01 (...
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