Browsing: Internal Revenue Service
IRS considers cracking down on $230 billion charitable sector that critics call ‘warehousing of wealth’
By Press Room
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
By Press Room
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
By Press Room
The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously…