IRS Sends Letters to Cryptocurrency Owners
The Internal Revenue Service is attempting to rein in some taxpayers who may have failed to report income and pay tax on virtual currency transactions.…
The Internal Revenue Service is attempting to rein in some taxpayers who may have failed to report income and pay tax on virtual currency transactions.…
The IRS recently highlighted how the Tax Cuts and Jobs Act affected whistleblowers who submit information to the IRS Whistleblower Office.…
Read more about IRS Highlights New Whistleblower Notification Process
The Internal Revenue Service has published a draft of a new tax return targeted at senior citizen taxpayers.…
Read more about New 1040 for Seniors and Updated 1040 Unveiled
A North Carolina man has been handed a 12-year prison sentence by a Virginia federal court for a fraud scheme that included tax charges.…
For some years now we’ve heard about how the Information Technology systems inside the Internal Revenue Service need major upgrades.…
Since tax scams can take many forms, the IRS broke them down into two categories: “phone scams” and “email phishing scams.”…
Read more about IRS Helps Taxpayers Identify Tax-Related Fraud
The president has signed a package of IRS reforms into law after the legislation passed both houses of Congress with strong bipartisan support.…
Now that the tax year 2018 filing season is over, some teachers may know that the educator expenses deduction was moved to line 23 of the new Schedule 1.…
Read more about IRS Issues Tax Tip Explaining Educator Deduction
The Internal Revenue Service is looking to hire hundreds of new employees in virtually every department. But that doesn’t mean the IRS is adding employees.…
A new audit by the Treasury Inspector General for Tax Administration (TIGTA) finds that those phone statistics may not be giving us the complete picture of the IRS’ performance.…
Read more about Audit says IRS Phone Stats Don’t Tell the Whole Story