The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in extra funding and bold audit targets aimed at rich taxpayers. Those ...
With the 2025 filing season quickly approaching, the Internal Revenue Service (IRS) is encouraging taxpayers to take key steps now to prepare for filing their 2024 federal income tax returns next ...
The IRS is sending about 1 million eligible American taxpayers a payment this month for the pandemic-era Recovery Rebate Credit that they didn't claim on their 2021 tax returns.