Learn more about the latest tax news from the IRS with these posts from PriorTax. Our team focuses on the news that is important to you.
Tax breaks for overseas citizens have been discussed in recent years. While there have been proposals to grant tax breaks to US citizens living abroad, there are no specific provisions in place at this time. However, individuals living abroad may still be eligible for certain tax deductions and...
It is unclear how the layoffs will affect tax collection services at the IRS, which is expected to receive more than 140 million returns this year, according to the AP.The source told Reuters that the IRS will keep several thousand probationary employees who are considered critical for processing...
Tax season officially begins today, as the IRS starts acceptingindividual tax returnsfor tax year 2023. Three-quarters (75%) of filers expect a refund, according to anew survey from Intuit Credit Karma, with more than a quarter (27%) of them predicting it will be larger than last year. ...
After another challenging year in 2022 for the IRS, the agency may be primed for a better 2023 tax season, according to the National Taxpayer Advocate. Last year, the IRS made "considerable progress" reducing the backlog of unprocessed returns, the organization said in its annual report to Co...
"The IRS is under siege. It is suffering from huge underinvestment," Yellen told a Senate Finance Committee hearing on Treasury's budget request for fiscal 2023. Yellen said the agency was dealing with massive problems, including a "huge backlog" in working through tax ret...
27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline. The announcement comes with agency in the midst of a massive overhaul, attempting to improve its technology and customer service processes with ...
Were talking about billions of dollars in lost tax revenue by shuffling IRS workers, East said. She said the passage of the Laken Riley Act will require the presence of more officers at the border.The Trump administration would rather pursue immigrants rather than pursue money launderers, she ...
IRS表示,人们决不应点击声称来自IRS的未经请求的邮件。纳税人可以通过phishing@irs.gov举报网络钓鱼诈骗,也可以将诈骗报告给Treasury Inspector General for Tax Administration或Internet Crime Complaint Center。 IRS会定期更新针对纳税人的骗局( https://www.irs.gov/newsroom/tax-scams-consumer-alerts )。
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