Taxpayers across the country are starting to receive letters from the IRS. The IRS said the reminder notices will go to individuals who owe back taxes before tax year 2022. Businesses, tax-exempt ...
Danni Santana spent nine years as an editor and business journalist covering industries including sports, retail, restaurants, and personal finance. He is a graduate of the Craig Newmark Graduate ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
The just-completed tax season is plunking another 160 million tax returns on the IRS’s front doorstep. And if you reported more than $400,000 in income, the likelihood you’re going to be audited will ...
Taxpayers are typically worried they'll get audited for making mistakes on their returns, but audits are historically rare. The Trump administration reduced the number of IRS employees, so there is a ...
The article “Could IRS cuts mean less oversight?” gave insight to the workings of the IRS and the implications of the staffing cuts by DOGE (April 6). For most Americans, the staffing cuts will not ...
Tax headaches and snafus crop up for all sorts of reasons that one might never imagine. An unexpected, shocking tax bill owed after a scammer tricks you into draining a retirement fund to hand over ...