Three tax refunds that are raising alarms with IRS

newsweek.com The IRS is warning taxpayers they may need to amend their returns if they filed for three specific tax credits. Many Americans may have fallen victim to misleading tax…

Cruise lines, Las Vegas Strip, gamblers get good IRS news

thestreet.com Generally, any interaction with the Internal Revenue Service (IRS) means something bad has happened. The agency never sends you a letter saying "thanks for paying your…

IRS warns thousands of taxpayers they could face jail time

newsweek.com The IRS is warning that thousands of taxpayers may be facing jail time if they're found to have filed false returns for artificially high refunds. The agency on Tuesday…

IRS issues final reminder on $1 billion in tax refunds

newsweek.com The Internal Revenue Service has issued a final reminder to taxpayers who may have missed out on thousands of dollars in tax refunds. The May 17 deadline to claim refunds…

IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up

finance.yahoo.com The Internal Revenue Service is getting specific about how many more audits it wants to spring on rich taxpayers and businesses, as the tax collector absorbs billions of…

IRS unveils major changes in new 18-month plan

newsweek.com The Internal Revenue Service (IRS) has announced major changes aimed at modernizing the federal agency's technology and improving its employee tools to help taxpayers. The…

IRS scrambles to reverse dire statistics on plunging audits for millionaires, soaring reviews for Black Americans

fortune.com The IRS said Thursday that it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining the returns…