An increased budget for the Internal Revenue Service (IRS) means better service to taxpayers and closer attention to the tax gap. The U.S. Treasury and the IRS recently weighed in on the issue.

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The Internal Revenue Service (IRS) gave itself a well-deserved pat on the back for its performance in the 2023 Tax Season.

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Maybe it was a payroll tax issue that got away from you. For some, it is foreign bank accounts used but not reported. Or—a large-scale tax fraud and you are just tired of looking over your shoulder for the Internal Revenue Service (IRS). Are you...

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Do you have any non-fungible tokens (NFTs)? The Internal Revenue Service plans to issue guidance on how it will consider them as valuable collectible items.

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A couple files a false tax return and then tries to cover up the refund they received as a result.  What could possibly go wrong?

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In January, the National Taxpayer Advocate delivered her annual report to Congress. The document is a “report card” on the service provided by the Internal Revenue Service (IRS) to its constituents—U.S. taxpayers. The report identifies problem areas...

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Regardless of your investment profile, if you owe taxes and penalties to the Internal Revenue Service (IRS), the IRS can pursue a wage levy.

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Each year, the Internal Revenue Service (IRS) reminds U.S. taxpayers who have funds in foreign bank accounts to file a report to identify and place a value on those accounts. The report is called a Report of Foreign Bank and Financial Accounts...

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In a move that could help half a million taxpayers, the Internal Revenue Service (IRS) recently announced new options for electronically filing certain tax documents.

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The annual report from the Criminal Investigation Unit of the Internal Revenue Service for the fiscal year 2022 was released recently. In a branding departure, the cover of the report offers a cross-section of smiling, engaged IRS: CI agents, as...

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