What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in ...
Government Executive1d
New IRS funding boosted tax enforcement and improved taxpayer services during the Biden administration
This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.
Trump’s Treasury Pick to Meet With GOP Senators With Fed and Tariffs on Agenda
Incoming Senate Republican leader John Thune said he expects to discuss Treasury secretary nominee Scott Bessent’s views on ...
IRS hiring for over 1,000 positions at Kansas City campus
Internal Revenue Service (IRS) is hosting a two-day hiring event in Kansas City to fill more than 1,000 seasonal Clerk and ...
JD Supra33m
1099-K Reporting: More Time to Transition to the $600 Reporting Threshold
In the American Rescue Plan Act of 2021, Congress and the Biden administration lowered the minimum reporting threshold for filing information ...
Crime and Public Safety
US prosecutors charged Roger Ver with evading more than $48 million in taxes for selling $240 million in tokens and with ...
Accounting Today11h
TCE and VITA grants awarded for next year
The tax service is giving out $53 million to organizations helping the elderly and underserved communities with tax preparation.
The Wenatchee World12h
IRS warns taxpayers to approach shopping with caution
The Internal Revenue Service (IRS) is warning taxpayers to approach the holiday shopping with caution, as scammers are on the ...