Browsing: Internal Revenue Service
Coca-Cola will pay IRS $6 billion in back taxes while appealing federal court’s decision
Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while…
TurboTax lost 1 million customers just when the IRS introduced its own free tax filing option and its stock is plummeting
Intuit Inc. shares fell the most in more than 18 months after the company reported losing 1 million customers who…
IRS considers cracking down on $230 billion charitable sector that critics call ‘warehousing of wealth’
Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an…
Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says
The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and…
On this Tax Day, refunds are looking a bit bigger for taxpayers. According to the latest IRS statistics, the average…
Two weeks from today, on April 15, the Internal Revenue Service will want its money. Tax day is a stressful,…
IRS says it will collect $560 billion more from rich tax cheats thanks to Inflation Reduction Act
The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously…