NEW YORK (AP) — Most taxpayers are interested in filing their taxes directly to the IRS for free, a new report says, and that option will be tested next year.
The IRS has spent the past nine months studying whether U.S.
WASHINGTON (AP) — In an effort to deter threats aimed at IRS employees, the agency said Thursday it will start limiting workers' personal identifying information on communications with taxpayers.
Faster IRS offering better picture on looming debt ‘X-date’May 5, 2023 GMT
WASHINGTON (AP) — That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit.
IRS agent alleges Hunter Biden probe is being mishandledApril 20, 2023 GMT
WASHINGTON (AP) — An IRS special agent is seeking whistleblower protection to disclose information about what the agent alleges is mishandling of an investigation into President Joe Biden's son, Hunter Biden, according to a letter sent to members of Congress.
Left your taxes till the last minute? Here are some tipsApril 18, 2023 GMT
NEW YORK (AP) — If you've waited till the last minute to file your taxes, don't panic. The tax deadline is Tuesday, but you still have time to get it done.
Freelancers can prepare now for new 2023 tax reportingApril 18, 2023 GMT
NEW YORK (AP) — Taxpayers who have filed their 2022 taxes by Tuesday's deadline may be sighing with relief.
New push on US-run free electronic tax-filing system for allApril 16, 2023 GMT
WASHINGTON (AP) — It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Many often pay to use software from private companies such as Intuit and H&R Block.
IRS pledges more audits of wealthy, better customer serviceApril 7, 2023 GMT
WASHINGTON (AP) — The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ability to audit high-wealth taxpayers.
New IRS leader promises faster, easier tax filing processApril 4, 2023 GMT
WASHINGTON (AP) — New IRS Commissioner Danny Werfel delivered a tax-season pledge Tuesday that the agency will use an $80 billion infusion of cash to become faster, more tech-savvy and provide “real-world improvements” to taxpayers.
Don’t miss these 3 tax credits when you file this yearMarch 2, 2023 GMT
A tax credit is among the most satisfying benefits you can turn up when preparing your return.
Unlike a deduction, which decreases the income on which you’ll be taxed, a tax credit reduces your overall tax due.
Detroit woman sentenced to 4 1/2 years for tax fraud schemeFebruary 24, 2023 GMT
DETROIT (AP) — A federal judge has sentenced a Detroit woman to more than four years in prison for her role in a scheme to defraud the Internal Revenue Service and six states out of about $28 million in tax returns.
IRS nominee Werfel faces questioning on ‘thankless’ jobFebruary 15, 2023 GMT
WASHINGTON (AP) — Republican and Democratic senators who have been arguing over how much money to give the IRS and how it should be spent found at least one point of unanimity Wednesday as they considered President Joe Biden’s nominee to lead the agency: Both sides wished Danny Werfel good luck with the worst job in Washington.
IRS nominee faces herculean challenge of modernizing agencyFebruary 14, 2023 GMT
WASHINGTON (AP) — Even in the best of times, the IRS is the agency Americans love to hate. And these are hardly the best of times.
The nation’s tax-collecting agency is a villain to many a taxpayer.
IRS won’t tax most relief payments made by states last yearFebruary 11, 2023 GMT
The IRS announced Friday that most relief checks issued by states last year aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in.
A week after telling payment recipients to delay filing returns, the IRS said it won’t challenge the taxability of payments related to general welfare and disaster, meaning taxpayers who received those checks won’t have to pay federal taxes on those payments.
IRS urges special refund recipients to delay filing taxesFebruary 7, 2023 GMT
NEW YORK (AP) — The Internal Revenue Service is recommending that taxpayers hold off on filing their tax returns for 2022 if they received a special tax refund or payment from their state last year.
How Candid hopes diversity data will help aid racial equityFebruary 7, 2023 GMT
Candid, the major philanthropy research group, is leading a coalition of funders and grantees that want to standardize the collection of demographic information to help enable donations to minority-led groups.
Tax season already? Some tips for avoiding stress and scamsJanuary 25, 2023 GMT
NEW YORK (AP) — For many people filing U.S. tax returns — especially those doing it for their first time — it can be a daunting task that's often left to the last minute. But if you want to avoid the stress of the looming deadline, start getting organized as soon as possible.
Louisiana accepts 2022 income tax returns beginning MondayJanuary 19, 2023 GMT
NEW ORLEANS (AP) — Louisiana will start accepting 2022 state income tax returns on Monday.
It's the same day the Internal Revenue Service will begin accepting federal returns.
The department said in a news release this week that Louisiana taxpayers can file and pay online using the department's website, revenue.Louisiana.gov.
NOT REAL NEWS: A look at what didn’t happen this weekJanuary 13, 2023 GMT
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out.
IRS announces Jan. 23 start date for tax filing seasonJanuary 13, 2023 GMT
WASHINGTON (AP) — The official start date of the 2023 tax filing season is Jan. 23, when the IRS will begin accepting and processing 2022 returns, the agency announced Thursday.
Watchdog sees ‘light at the end of the tunnel’ for the IRSJanuary 11, 2023 GMT
WASHINGTON (AP) — The IRS is beginning to see “a light at the end of the tunnel” of its customer service struggles, thanks to tens of billions of new money from the Democrats' climate and health law and the authority to hire more people, according to an independent watchdog within the agency.
House GOP kicks off majority with vote to slash IRS fundingJanuary 10, 2023 GMT
WASHINGTON (AP) — House Republicans began their tenure in the majority Monday by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS, fulfilling a campaign promise even though the legislation is unlikely to advance further.
House committee expected to release Trump’s taxes FridayDecember 28, 2022 GMT
WASHINGTON (AP) — Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means committee on Friday, a congressional aide confirmed Tuesday.
Trump tax audits required by IRS were delayed, panel saysDecember 21, 2022 GMT
WASHINGTON (AP) — The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the former president and leading members of his administration who claimed he could not release his tax filings because of the ongoing reviews.
House committee votes to release Trump tax returnsDecember 21, 2022 GMT
IRS contractor gets more scrutiny in congressional reportNovember 17, 2022 GMT
WASHINGTON (AP) — House investigators reported Thursday that a federal contractor that provided identity verification services for the Internal Revenue Service exaggerated the amount of money being lost to pandemic fraud in an apparent attempt to increase demand for its product and that it also overstated its capacity to provide services.
Biden nominates Daniel Werfel as IRS CommissionerNovember 10, 2022 GMT
WASHINGTON (AP) — President Joe Biden on Thursday nominated a new commissioner to steer the Internal Revenue Service forward as it gets a massive funding boost. The tax collection agency's current commissioner ends his term this week.
5 charged with defrauding pandemic relief programsOctober 5, 2022 GMT
MEMPHIS, Tenn. (AP) — Five current or former Internal Revenue Service workers have been charged with fraud for illegally getting money from federal COVID-19 relief programs and using a total of $1 million for luxury items and personal trips, prosecutors said.
IRS revokes tax-exempt status of North Carolina NAACPAugust 31, 2022 GMT
RALEIGH, N.C. (AP) — North Carolina's influential state chapter of the NAACP has lost its federal tax-exempt status for failing to file tax returns for three years, according to the federal government.
IRS initiates safety probe after threats to workersAugust 24, 2022 GMT
WASHINGTON (AP) — Responding to an increasing number of threats born of conspiracy theories that agents were going to aggressively target middle income taxpayers, the Internal Revenue Service announced Tuesday that it was conducting a comprehensive review of safety at its facilities.
Tougher IRS enforcement central to Dem economic packageAugust 5, 2022 GMT
WASHINGTON (AP) — After more than a decade of mostly losing out, the Internal Revenue Service may finally get the cash infusion it's long wanted in the economic package that Democrats are working furiously to push through Congress before their August break.
Contractor who cheated IRS to spend weekends behind barsJuly 14, 2022 GMT
PROVIDENCE, R.I. (AP) — A Rhode Island drywall contractor who according to authorities played a key role in cheating the Internal Revenue Service out of more than $2.8 million by paying some workers in cash was sentenced Thursday to three years of probation, although he will serve some time behind bars, prosecutors said.
‘Groundhog Day’ at IRS: Returns pile up, phone delays worsenJune 22, 2022 GMT
WASHINGTON (AP) — It’s Groundhog Day at the IRS.
After digging out of a daunting backlog from 2021, the agency has an even bigger backup for this tax season than it did a year ago and its pace for processing paper returns is slowing down, according to a watchdog report released Wednesday.
IRS erases last season’s backlog, but still faces 2022 crushJune 21, 2022 GMT
WASHINGTON (AP) — The Internal Revenue Service said Tuesday that it will have erased its backlog of last season's tax returns by the end of this week.
And with 143 million returns from this year's tax season processed so far, agency officials say there's a greater likelihood of being caught up on processing all returns by the end of this year.
Feds: Plumber hosed customers, cheated IRS of $1.5MJune 2, 2022 GMT
BOSTON (AP) — A Massachusetts plumber who overcharged his customers and failed to pay nearly $1.5 million in taxes has been sentenced to a year in prison, federal prosecutors said.
Jared Derrico, 35, of Boxford, was also sentenced this week to three years of probation, and ordered to forfeit $315,000 and pay $1.45 million in restitution to the Internal Revenue Service, according to a statement from the U.S.
Woman pleads guilty to failing to pay $2.7M in payroll taxesMay 5, 2022 GMT
NORFOLK, Va. (AP) — A Virginia woman has pleaded guilty to failing to pay the Internal Revenue Service $2.7 million in payroll taxes that she deducted from her employees’ paychecks, a federal prosecutor said.
Most Americans could file their taxes for free, but don’tApril 28, 2022 GMT
WASHINGTON (AP) — A new government watchdog report finds that while most Americans are eligible to file their taxes for free, only a fraction use the services provided through the government.
Instead, many taxpayers utilized other methods, “which they may have paid to use,” according to a new U.S.
IRS offering extra time for taxpayers affected by disastersApril 18, 2022 GMT
NASHVILLE, Tenn. (AP) — Income tax returns are due this week, but Tennessee residents and businesses in 14 counties hit by disasters in the past year will get some extra time.
The Internal Revenue Service is giving them until May 16 to file returns and make payments.
House panels probe gov’t use of facial recognition softwareApril 14, 2022 GMT
WASHINGTON (AP) — Two House committees have launched an investigation into the government's use of facial recognition software that was most recently used by the Internal Revenue Service, but stopped after complaints from lawmakers and privacy advocates.
Contractor pleads guilty to cheating the IRS of about $2.8MApril 8, 2022 GMT
PROVIDENCE, R.I. (AP) — A Rhode Island drywall contractor has pleaded guilty to cheating the Internal Revenue Service out of more than $2.8 million by paying workers in cash and not withholding appropriate taxes, federal prosecutors said.
Feds: Medical device CEO owes more than $6 million in taxesApril 6, 2022 GMT
MINNEAPOLIS (AP) — A CEO of a suburban Minneapolis medical device company is accused of failing to pay more than $6 million in payroll taxes, interest and penalties to the Internal Revenue Service.
Small businesses face tax headaches on top of pandemic woesMarch 25, 2022 GMT
NEW YORK (AP) — Small businesses that have been buffeted by the pandemic, inflation and shipping woes have another challenge to add to their plate: taxes.
Tax season can be complicated for everyone, but as the April 18 filing deadline looms, small-business owners, contractors, entrepreneurs and others face a raft of ever-changing rules and regulations.
Virginia auto dealer sentenced for taking drug-tainted moneyMarch 5, 2022 GMT
ROANOKE, Va. (AP) — The owner of a Virginia auto dealership has been placed on home detention for taking $30,000 in drug-tainted cash for a car, officials said.
Final valuation of Prince’s estate pegged at $156.4 millionJanuary 15, 2022 GMT
MINNEAPOLIS (AP) — The six-year legal battle over pop superstar Prince’s estate has ended, meaning the process of distributing the artist's wealth could begin next month.
Tax season begins two weeks early due to virus, IRS fundingJanuary 10, 2022 GMT
WASHINGTON (AP) — This year's tax filing season will begin on Jan. 24, 17 days earlier than last year, the Internal Revenue Service announced Monday.
The IRS is warning that a resurgence of COVID-19 infections on top of less funding authorization from Congress than the Biden administration had requested could make this filing season particularly challenging.
Court officials edge closer to dividing Prince’s estateDecember 22, 2021 GMT
MINNEAPOLIS (AP) — Court officials are edging closer to dividing up pop superstar Prince ’s estate.
Former Sanford CEO paid more than $49 million last yearNovember 16, 2021 GMT
SIOUX FALLS, S.D. (AP) — Internal Revenue Service filings show former Sanford Health CEO Kelby Krabbenhoft was paid more than $49 million in salary, severance and other payouts last year.
Krabbenhoft left Sanford last year after nearly a quarter century, receiving a combination of salary, incentive-based pay, severance and two lump sum payouts from supplemental executive retirement plans.
Scottsdale man who skipped sentencing gets extra prison timeSeptember 17, 2021 GMT
PHOENIX (AP) — A Scottsdale man who failed to appear for his sentencing in a tax fraud case has received more prison time, according to federal authorities.
In August 2020, Thomas Rampetsreiter was given a two-year sentence in federal prison and ordered to pay more than $2.2 million restitution to the Internal Revenue Service.
Complaint alleges group funneled data from RNC to lawmakersJuly 20, 2021 GMT
Washington (AP) — A prominent conservative group funneled valuable information about Republican voters between the Republican National Committee and state lawmakers, a move that violated its nonpartisan status and tax law, according to a whistleblower complaint filed Tuesday with the Internal Revenue Service.
Feds: Unemployment fraud suspect tried to bilk IRS of $1.6MMay 29, 2021 GMT
TACOMA, Wash. (AP) — A suspended Nigerian government official accused of stealing $350,000 from Washington state as part of a massive pandemic-related fraud also sought to bilk the Internal Revenue Service of nearly $1.6 million, federal prosecutors said Friday.
IRS says Detroit-area singers were making a fraudulent rapMay 13, 2021 GMT
DETROIT (AP) — Two women who formed a Detroit-area rap duo, Deuces Wild, are accused of stealing millions of dollars through fraudulent tax returns.
Sameerah Marrel, known as “Ms. Creme,” and Noelle Brown, known as “Nikki Brown,” were charged with many crimes in a criminal complaint unsealed Wednesday.
Maryland business owner pleads guilty to tax evasionMay 5, 2021 GMT
BALTIMORE (AP) — The owner of a Maryland physical therapy business is facing up to five years in prison after pleading guilty to not paying more than $258,000 in federal employment taxes.
Harshe Shende, 57, of Hanover, pleaded guilty Tuesday to eight counts of failing to pay employment taxes to the Internal Revenue Service in 2014 and 2015...
Even with IRS staffers returning, tax refunds may be delayedJanuary 25, 2019 GMT
WASHINGTON (AP) — The IRS' workforce will return to full strength under the short-term deal to reopen the government struck Friday by President Donald Trump and congressional leaders...
Administration: Government shutdown won’t delay tax refundsJanuary 8, 2019 GMT
WASHINGTON (AP) — Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed...
IRS warns: Watch for phishing scams in your emailDecember 16, 2018 GMT
LINCOLN - Nebraskans are being reminded about the importance of keeping their personal financial information safe, especially when scanning through email.
Christopher Miller, a Nebraska spokesman for the Internal Revenue Service, says an alarming trend has reappeared this year.
Pelosi says House Dems will start seeking Trump tax returnsDecember 13, 2018 GMT
WASHINGTON (AP) — Democrats controlling the House next year will start trying to obtain President Donald Trump's income tax returns from the Internal Revenue Service, the likely next speaker said Thursday.
Democrats eye Trump’s tax returns but expect a long fightNovember 9, 2018 GMT
WASHINGTON (AP) — Getting President Donald Trump's tax returns is high on the list of Democratic priorities now that they have won the House...
IRS: Nebraskans should do a “paycheck check-up” to confirm withholdingSeptember 9, 2018 GMT
LINCOLN - The Internal Revenue Service is urging Nebraskans to take a close look at their paychecks to make sure the right amount of taxes are being taken out.
IRS spokesman Chris Miller says it’s important to look at the numbers now.
South Abington Man Gets 19.5 Years In Prison In Phony IRS SchemeAugust 10, 2018 GMT
A South Abington Twp. man who was part of a phony Internal Revenue Service collection scheme that scammed nearly $900,000 from victims faces almost two decades in federal prison.
Hiteshkumar Patel, 52, was sentenced Thursday by U.S.
Amid the fury about the meeting between Russian President Vladimir Putin and American President Donald J. Trump, a very important change happened that could influence elections as much as possible Russian interference.