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Treasury Secretary Janet Yellen says a 'shocking' $7 trillion in taxes is going uncollected

Wednesday, May 05, 2021

Treasury Secretary Janet Yellen said a “shocking” amount of taxes was going uncollected by the federal government and urged additional  ....

Steer clear of typical tax return errors; May 17 deadline nears

Tuesday, April 27, 2021

The Internal Revenue Service today reminded taxpayers to check their tax returns for common errors that could delay refunds or otherwise affect nor ....

IRS announces several key executive changes as agency gears up to implement the Taxpayer First Act

Wednesday, April 14, 2021

The Internal Revenue Service today announced several key leadership appointments as work continues implementing major provisions of the Taxpayer Fi ....

Tax Time Guide: IRS reminds taxpayers of recent changes to retirement plans

Wednesday, March 17, 2021

WASHINGTON — The Internal Revenue Service today reminded taxpayers about the rules for required minimum distributions (RMDs) from retirement

Low Income Taxpayer Clinic 2021 supplemental application period now open

Monday, March 15, 2021

WASHINGTON — The Internal Revenue Service today announced it will accept applications for an 18-month Low Income Taxpayer Clinic (LITC) matching< ....

IRS provides guidance for employers claiming the Employee Retention Credit for 2020, including eligibility rules for PPP borrowers

Tuesday, March 02, 2021

WASHINGTON — The Internal Revenue Service today issued guidance for employers claiming the employee retention credit under the Coronavirus Aid, R ....

IRS reminds businesses to report large cash transactions; e-file encouraged

Monday, March 01, 2021

WASHINGTON — The Internal Revenue Service today reminds businesses of their responsibility to file ....

IRS reminds farmers and fishers of March 1 tax deadline

Tuesday, February 23, 2021

WASHINGTON — The Internal Revenue Service is reminding those with income from a farming or fishing business that they can avoid making any estima ....

Victims of Texas winter storms get deadline extensions and other tax relief

Tuesday, February 23, 2021

Victims of this month’s winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns and make ta ....

Double-check for missing or incorrect Forms W-2, 1099 before filing taxes

Wednesday, February 10, 2021

WASHINGTON — With some areas seeing mail delays, the Internal Revenue Service reminds taxpayers to double-check to make sure they have all of

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