#irs

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#trump-administration

Trump Moves to Replace Officials Whom New Presidents Traditionally Leave Alone

Trump's administration is undermining traditional constraints by replacing key figures that typically retain their positions during transition.

29 House Republicans want Trump to scrap the IRS's free direct tax filing tool on day one of his presidency

The IRS is rolling out a free direct tax filing program, but some Republicans oppose it as government overreach.

Trump signals new direction for IRS as he announces atypical plan to replace its leadership

Trump aims to fire current IRS Commissioner Danny Werfel and appoint Billy Long to lead the agency without direct tax policy experience.

Trump Moves to Replace Officials Whom New Presidents Traditionally Leave Alone

Trump's administration is undermining traditional constraints by replacing key figures that typically retain their positions during transition.

29 House Republicans want Trump to scrap the IRS's free direct tax filing tool on day one of his presidency

The IRS is rolling out a free direct tax filing program, but some Republicans oppose it as government overreach.

Trump signals new direction for IRS as he announces atypical plan to replace its leadership

Trump aims to fire current IRS Commissioner Danny Werfel and appoint Billy Long to lead the agency without direct tax policy experience.
moretrump-administration
#fraud

Brooklyn Residents Targeted in Mail Theft Surge

Mail theft is increasingly impacting constituents in Rep. Ivette D. Clarke's district, with 140 cases reported over four years.

I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud

The IRS is intensifying efforts to combat fraud in the Employee Retention Tax Credit program, freezing new claims and denying erroneous ones.

Brooklyn Residents Targeted in Mail Theft Surge

Mail theft is increasingly impacting constituents in Rep. Ivette D. Clarke's district, with 140 cases reported over four years.

I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud

The IRS is intensifying efforts to combat fraud in the Employee Retention Tax Credit program, freezing new claims and denying erroneous ones.
morefraud
#tax-fraud

Silicon Valley's Bitcoin Jesus' fights $48 million IRS tax evasion case from Spanish island

Roger Ver represents a significant case in cryptocurrency tax fraud, charged with evading $48 million in taxes from token sales.

Tax Preparer Known as the Magician' Bilked I.R.S. Out of $145 Million

A tax preparer in the Bronx plead guilty to a massive tax fraud scheme, stealing $145 million from the IRS.

South Bay CEO pleads guilty to not paying $1.15 million in employment taxes

John Comeau pleaded guilty to not paying over $1 million in employment taxes, despite withholding them from employee wages.

California tax preparer sentenced to 6 years in prison for $28 million IRS scheme

Gonzalez defrauded the IRS for $28 million through a tax scheme involving false returns and fictitious corporations.

Former owner of Red's pleads guilty to tax fraud schemes

John Drivas pleaded guilty to multiple counts of tax fraud, highlighting severe consequences for failing to report and remit taxes.

East Flatbush tax preparer faces three years in prison over $1.1M false return scheme * Brooklyn Paper

Former owner of East Flatbush tax preparation business pleads guilty to stealing $1.1 million through false return scheme.
Melinda Jacob inflated clients' tax refunds by submitting false tax returns claiming fictitious expenses.

Silicon Valley's Bitcoin Jesus' fights $48 million IRS tax evasion case from Spanish island

Roger Ver represents a significant case in cryptocurrency tax fraud, charged with evading $48 million in taxes from token sales.

Tax Preparer Known as the Magician' Bilked I.R.S. Out of $145 Million

A tax preparer in the Bronx plead guilty to a massive tax fraud scheme, stealing $145 million from the IRS.

South Bay CEO pleads guilty to not paying $1.15 million in employment taxes

John Comeau pleaded guilty to not paying over $1 million in employment taxes, despite withholding them from employee wages.

California tax preparer sentenced to 6 years in prison for $28 million IRS scheme

Gonzalez defrauded the IRS for $28 million through a tax scheme involving false returns and fictitious corporations.

Former owner of Red's pleads guilty to tax fraud schemes

John Drivas pleaded guilty to multiple counts of tax fraud, highlighting severe consequences for failing to report and remit taxes.

East Flatbush tax preparer faces three years in prison over $1.1M false return scheme * Brooklyn Paper

Former owner of East Flatbush tax preparation business pleads guilty to stealing $1.1 million through false return scheme.
Melinda Jacob inflated clients' tax refunds by submitting false tax returns claiming fictitious expenses.
moretax-fraud
#back-taxes

Coca-Cola will pay IRS $6 billion in back taxes while appealing federal court's decision

Coca-Cola Co. will pay $6 billion in back taxes to IRS while appealing a 17-year dispute over taxes and interest from 2007-2009.

IRS recovers $4.7B in back taxes, braces for Trump cuts

The IRS has recovered $4.7 billion due to enhanced funding and improvements in operations since the 2022 tax law.

Coca-Cola will pay IRS $6 billion in back taxes while appealing federal court's decision

Coca-Cola Co. will pay $6 billion in back taxes to IRS while appealing a 17-year dispute over taxes and interest from 2007-2009.

IRS recovers $4.7B in back taxes, braces for Trump cuts

The IRS has recovered $4.7 billion due to enhanced funding and improvements in operations since the 2022 tax law.
moreback-taxes
#government-efficiency

Elon Musk's DOGE agency may launch a mobile app to file your taxes

Musk and Ramaswamy's DOGE may create a free mobile app for tax filing, aiming to simplify the tax process for Americans.

The American People Deserve DOGE

The IRS is deeply inefficient, causing frustration among Americans and significant revenue losses.

Elon Musk's DOGE agency may launch a mobile app to file your taxes

Musk and Ramaswamy's DOGE may create a free mobile app for tax filing, aiming to simplify the tax process for Americans.

The American People Deserve DOGE

The IRS is deeply inefficient, causing frustration among Americans and significant revenue losses.
moregovernment-efficiency
#billy-long

Trump Picks Ex-Congressman Who Hawked Tax Credits to Lead I.R.S.

Trump intends to nominate Billy Long as head of the IRS, signaling a significant leadership change.

Progressives Say Trump's Pick to Run IRS Will Spark "Open Season for Tax Cheats"

Rep. Billy Long's nomination to the IRS raises significant concerns over his experience and undermines the agency's mission to enforce tax regulations.

Trump Picks Ex-Congressman Who Hawked Tax Credits to Lead I.R.S.

Trump intends to nominate Billy Long as head of the IRS, signaling a significant leadership change.

Progressives Say Trump's Pick to Run IRS Will Spark "Open Season for Tax Cheats"

Rep. Billy Long's nomination to the IRS raises significant concerns over his experience and undermines the agency's mission to enforce tax regulations.
morebilly-long
#cryptocurrency

69,000 Bitcoins Are Headed for the US Treasury-While the Agent Who Seized Them Is in Jail

The US government has seized 69,370 bitcoins valued at $4.4 billion, linked to Silk Road drug market proceeds.

Lawyers for Silicon Valley's Bitcoin Jesus' say his tax case violates constitution

Roger Ver's legal team seeks dismissal of his tax evasion charges, claiming the exit tax was unconstitutionally vague and that he had no intent to evade taxes.

69,000 Bitcoins Are Headed for the US Treasury-While the Agent Who Seized Them Is in Jail

The US government has seized 69,370 bitcoins valued at $4.4 billion, linked to Silk Road drug market proceeds.

Lawyers for Silicon Valley's Bitcoin Jesus' say his tax case violates constitution

Roger Ver's legal team seeks dismissal of his tax evasion charges, claiming the exit tax was unconstitutionally vague and that he had no intent to evade taxes.
morecryptocurrency

IRS Rules That The Purchase Of Condoms And Oral Contraceptives Are Tax Deductible

The IRS has approved a tax deduction for condom purchases, emphasizing disease prevention over contraception in its interpretation.

Tax brackets 2025: IRS releases inflation adjustments for next year

The IRS made minimal annual inflation adjustments for 2025, impacting tax brackets, deductions, and estate tax, aiming to mitigate bracket creep.
#disaster-declaration

For storm-stressed taxpayers, IRS cuts Floridians a break with extended filing, payment deadlines

Hurricane-impacted taxpayers in Florida have until May 1, 2025, to file tax returns and make payments.

Still haven't filed your taxes? How to avoid penalties or lost refunds

Taxpayers affected by natural disasters in California may receive extended deadlines for filing tax returns.

For storm-stressed taxpayers, IRS cuts Floridians a break with extended filing, payment deadlines

Hurricane-impacted taxpayers in Florida have until May 1, 2025, to file tax returns and make payments.

Still haven't filed your taxes? How to avoid penalties or lost refunds

Taxpayers affected by natural disasters in California may receive extended deadlines for filing tax returns.
moredisaster-declaration
#direct-file

The IRS is rolling out its free tax-filing tool to 30 million Americans-and surprisingly, it's great

The IRS introduces Direct File, enabling 30 million Americans to file taxes online for free, transforming tax filing processes.

IRS offers free Direct File for federal taxes to 24 states - how to check if you qualify

IRS expands direct file program to 24 states for free federal tax filing.

Hill Dems question IRS on identity verification requirements for Direct File

IRS identity verification for Direct File creates barriers for taxpayers, hindering access especially for those needing assistance to file their taxes.

Can I file my taxes for free through the IRS? Here's how the new Direct File program works

The IRS is launching a new, free way to file taxes called the Direct File pilot program.
The program is currently limited and requires an invitation to participate, but it is expected to be more widely available in mid-March.

New IRS Direct File program now available in California

Direct File service from the IRS is a new, user-friendly option for simple tax returns in California and other states.
Direct File is designed for taxpayers with basic income sources and limited credits and deductions, excluding self-employed individuals.

The IRS is rolling out its free tax-filing tool to 30 million Americans-and surprisingly, it's great

The IRS introduces Direct File, enabling 30 million Americans to file taxes online for free, transforming tax filing processes.

IRS offers free Direct File for federal taxes to 24 states - how to check if you qualify

IRS expands direct file program to 24 states for free federal tax filing.

Hill Dems question IRS on identity verification requirements for Direct File

IRS identity verification for Direct File creates barriers for taxpayers, hindering access especially for those needing assistance to file their taxes.

Can I file my taxes for free through the IRS? Here's how the new Direct File program works

The IRS is launching a new, free way to file taxes called the Direct File pilot program.
The program is currently limited and requires an invitation to participate, but it is expected to be more widely available in mid-March.

New IRS Direct File program now available in California

Direct File service from the IRS is a new, user-friendly option for simple tax returns in California and other states.
Direct File is designed for taxpayers with basic income sources and limited credits and deductions, excluding self-employed individuals.
moredirect-file
from www.sandiegouniontribune.com
2 months ago

Trump vows to eliminate income taxes on Americans living abroad

Trump proposes ending U.S. income taxes for Americans living abroad, aiming to simplify their tax obligations.
#customer-service

Bipartisan senate duo seeks to push IRS customer service forward

The Improving IRS Customer Service Act aims to enhance online services for taxpayers, improving accessibility and communication regarding refunds and IRS queries.

Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion

The IRS has not yet solved its struggles in answering customer calls, addressing identity theft, and processing amended tax returns.
The agency's funding is facing significant cuts despite ongoing challenges and the need to improve customer service.

Perspective | 'Despair' over IRS service turns to 'cautious optimism,' says advocate

The IRS is rebuilding after years of poor customer service.
The agency has been restoring its customer service workforce and improving its level of service.

Bipartisan senate duo seeks to push IRS customer service forward

The Improving IRS Customer Service Act aims to enhance online services for taxpayers, improving accessibility and communication regarding refunds and IRS queries.

Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion

The IRS has not yet solved its struggles in answering customer calls, addressing identity theft, and processing amended tax returns.
The agency's funding is facing significant cuts despite ongoing challenges and the need to improve customer service.

Perspective | 'Despair' over IRS service turns to 'cautious optimism,' says advocate

The IRS is rebuilding after years of poor customer service.
The agency has been restoring its customer service workforce and improving its level of service.
morecustomer-service
#tax-evasion

IRS crackdown on 'partnership basis shifting'-a major tax loophole for the wealthy-could raise $50 billion

The IRS aims to close tax loopholes for wealthy taxpayers, potentially generating $50 billion in revenue over the next decade.

Hunter Biden's plea proves IRS and DOJ helped tilt the 2020 election for Joe

Hunter Biden pled guilty to federal tax crimes, undermining trust in IRS and DOJ handling of high-profile tax evasion cases.

Yoga studio mogul pleads guilty to dodging $2.5 million in taxes

A yoga business founder pleaded guilty to not paying over $2.5 million in taxes and may face five years in prison.

IRS Pursues 125,000 Non-Filing Cases in Crackdown on Wealthy Tax Evaders

High-income earners are being pursued by the IRS for failing to file tax returns since 2017.
Increased IRS funding is enabling enforcement actions against non-filing high-income individuals.

Yoga to the People Founder Pleads Guilty to Tax Evasion

Gregory Gumucio pleaded guilty to tax evasion, failing to pay taxes on $3.5 million in income over eight years from his yoga business.

Did The Creator Of Barbie Engage In Tax Evasion?

Ruth Handler, the creator of Barbie, was never convicted or even charged with tax evasion.
Handler was indicted for making false statements to the SEC and pleaded no contest, resulting in a fine and community service.

IRS crackdown on 'partnership basis shifting'-a major tax loophole for the wealthy-could raise $50 billion

The IRS aims to close tax loopholes for wealthy taxpayers, potentially generating $50 billion in revenue over the next decade.

Hunter Biden's plea proves IRS and DOJ helped tilt the 2020 election for Joe

Hunter Biden pled guilty to federal tax crimes, undermining trust in IRS and DOJ handling of high-profile tax evasion cases.

Yoga studio mogul pleads guilty to dodging $2.5 million in taxes

A yoga business founder pleaded guilty to not paying over $2.5 million in taxes and may face five years in prison.

IRS Pursues 125,000 Non-Filing Cases in Crackdown on Wealthy Tax Evaders

High-income earners are being pursued by the IRS for failing to file tax returns since 2017.
Increased IRS funding is enabling enforcement actions against non-filing high-income individuals.

Yoga to the People Founder Pleads Guilty to Tax Evasion

Gregory Gumucio pleaded guilty to tax evasion, failing to pay taxes on $3.5 million in income over eight years from his yoga business.

Did The Creator Of Barbie Engage In Tax Evasion?

Ruth Handler, the creator of Barbie, was never convicted or even charged with tax evasion.
Handler was indicted for making false statements to the SEC and pleaded no contest, resulting in a fine and community service.
moretax-evasion
#individual-master-file

IRS delay on key system could cost up to $70 million

The IRS's delay in transitioning to a new tax processing engine could result in a $70 million loss.

IRS will stick with legacy processing system for the upcoming tax season

IRS will not transition to a new tax processing system until after the upcoming tax season.

IRS delay on key system could cost up to $70 million

The IRS's delay in transitioning to a new tax processing engine could result in a $70 million loss.

IRS will stick with legacy processing system for the upcoming tax season

IRS will not transition to a new tax processing system until after the upcoming tax season.
moreindividual-master-file
#tax-filing

Taxpayers in California and 23 other states will be able to file their returns directly with the IRS in 2025

The IRS is permanently expanding its Direct File program for free tax filing, serving over 30 million taxpayers starting in 2025.

After modest debut, free tax filing service from IRS to expand to more taxpayers

IRS expanding Direct File program to allow more Californians to file federal tax returns online for free, aiming for all 50 states by 2025.

Taxpayers in California and 23 other states will be able to file their returns directly with the IRS in 2025

The IRS is permanently expanding its Direct File program for free tax filing, serving over 30 million taxpayers starting in 2025.

After modest debut, free tax filing service from IRS to expand to more taxpayers

IRS expanding Direct File program to allow more Californians to file federal tax returns online for free, aiming for all 50 states by 2025.
moretax-filing

How the US government can stop 'churches' from getting treated like real churches by the IRS

The IRS's classification of certain organizations as churches raises serious concerns about potential tax code abuse and the need for revised definitions.

LockBit claims it ransomed IRS-authorized eFile.com

LockBit allegedly compromises eFile.com, threatening personal and financial data just before critical IRS deadlines.

A Proposed Law That Would Exclude Tips From Income Taxes Will Create More Problems Than Benefits

Excluding tip income from taxes may complicate tax laws despite possible economic benefits for low-wage workers.

IRS Shares New Crypto Tax Form, Invites Industry Input

The updated U.S. tax form for crypto investors' brokerage accounts brings more ease and clarity for reporting taxable events.

Biglaw Partner Backs Away From IRS Row

Baker McKenzie voluntarily dismisses lawsuit against IRS under FOIA related to partnership audits.

Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower

Former President Trump may face a hefty IRS bill of over $100 million due to alleged double-dipping on tax losses related to a Chicago skyscraper.
#tax-administration

IRS will audit more high-income taxpayers and large corporations. Here's what that means

The IRS is intensifying audits on high-income taxpayers and large corporations to address the tax gap and is enhancing its workforce to carry out these enforcement actions.

IRS Acts to Address Wide Disparity in Audit Rates Between Black Taxpayers and Other Filers

The IRS is addressing audit rate disparities by focusing on wealthy individuals and major companies while aiming for fair, equitable, and effective tax administration.

IRS will audit more high-income taxpayers and large corporations. Here's what that means

The IRS is intensifying audits on high-income taxpayers and large corporations to address the tax gap and is enhancing its workforce to carry out these enforcement actions.

IRS Acts to Address Wide Disparity in Audit Rates Between Black Taxpayers and Other Filers

The IRS is addressing audit rate disparities by focusing on wealthy individuals and major companies while aiming for fair, equitable, and effective tax administration.
moretax-administration

IRS commissioner indicates AI will play growing role in future tax collection

The IRS plans to use AI, like virtual chatbots for taxpayers and tools for agents to detect tax fraud.
#tiktok

Some IRS employees still access TikTok despite ban on government devices | TechCrunch

The TikTok ban on U.S. government devices is proving hard to enforce.
TikTok employees sometimes share data with their China-based parent company, despite efforts to keep U.S. user data on Oracle servers.

Don't believe these TikTok tax tips, say experts: Anyone who follows this is in for a world of hurt'

Beware of bad tax advice circulating on TikTok, potentially leading to penalties for inaccurate information.
The US tax code complexity makes it risky to rely on TikTok for tax advice without professional guidance.

Some IRS employees still access TikTok despite ban on government devices | TechCrunch

The TikTok ban on U.S. government devices is proving hard to enforce.
TikTok employees sometimes share data with their China-based parent company, despite efforts to keep U.S. user data on Oracle servers.

Don't believe these TikTok tax tips, say experts: Anyone who follows this is in for a world of hurt'

Beware of bad tax advice circulating on TikTok, potentially leading to penalties for inaccurate information.
The US tax code complexity makes it risky to rely on TikTok for tax advice without professional guidance.
moretiktok

IRS Work From Home Jobs: All You Need to Know | First For Women

IRS offers a variety of work-from-home jobs that do not require an accounting degree.
IRS is hiring a significant number of new employees, making it a good time to apply.
#taxes

U.S. citizens detained abroad still face tax fines. Lawmakers want to change that

The U.S. government bills former Iran hostage Jason Rezaian over $22,000 for taxes while imprisoned, despite bipartisan acknowledgement of the unfairness.

Can AI Help You Do Your Taxes?

Tax companies are using AI tools to simplify tax filing processes by automating tasks, identifying tax breaks, and minimizing compliance risks.
Taxpayers should not solely rely on AI tools for tax filing due to inaccuracies, but AI is predicted to significantly impact the tax industry in the future.

IRS gives taxpayers in disaster-stricken San Diego County two extra months to file returns

Taxpayers in San Diego County have an extended deadline until June 17 to file returns and pay taxes due to recent winter storms.
Relief extended to other California localities affected by storms if added to the disaster area.

U.S. citizens detained abroad still face tax fines. Lawmakers want to change that

The U.S. government bills former Iran hostage Jason Rezaian over $22,000 for taxes while imprisoned, despite bipartisan acknowledgement of the unfairness.

Can AI Help You Do Your Taxes?

Tax companies are using AI tools to simplify tax filing processes by automating tasks, identifying tax breaks, and minimizing compliance risks.
Taxpayers should not solely rely on AI tools for tax filing due to inaccuracies, but AI is predicted to significantly impact the tax industry in the future.

IRS gives taxpayers in disaster-stricken San Diego County two extra months to file returns

Taxpayers in San Diego County have an extended deadline until June 17 to file returns and pay taxes due to recent winter storms.
Relief extended to other California localities affected by storms if added to the disaster area.
moretaxes

I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts

Daniel Werfel has made improvements to the IRS, such as clearing backlogs and reducing wait times, but Republicans still accuse him of intrusive behavior.
Werfel will face a hostile reception as he defends his agency's budget and explains the benefits of a well-funded IRS.
#funding

Rampant Identity Theft Is Taxing the I.R.S.

Identity theft has caused a backlog of 500,000 cases at the IRS, leaving taxpayers without refunds, posing a significant challenge to the agency.

IRS Estimates $561B Tax Revenue Rise With Crackdown on Corporations and the Rich

The IRS could collect up to $561 billion in additional tax revenue between 2024 and 2034, thanks to increased funding and new initiatives enabled by the 2022 Inflation Reduction Act.
If lawmakers renew and expand the IRA funding, the IRS could collect an additional $851 billion in tax revenue over the next decade.
The increase in funding for the IRS is directly attributed to the $80 billion passed by Democrats, which Republicans opposed.

IRS Funding Targeted by GOP Has Allowed Agency to Recover $500M From the Rich

An infusion of funding for the IRS has allowed the agency to recover over half a billion dollars in unpaid taxes owed by wealthy individuals.
The Democrats' 2022 Inflation Reduction Act allocated additional funding for the IRS to go after wealthy tax cheats, leading to immediate impact and a call for continued funding.

Rampant Identity Theft Is Taxing the I.R.S.

Identity theft has caused a backlog of 500,000 cases at the IRS, leaving taxpayers without refunds, posing a significant challenge to the agency.

IRS Estimates $561B Tax Revenue Rise With Crackdown on Corporations and the Rich

The IRS could collect up to $561 billion in additional tax revenue between 2024 and 2034, thanks to increased funding and new initiatives enabled by the 2022 Inflation Reduction Act.
If lawmakers renew and expand the IRA funding, the IRS could collect an additional $851 billion in tax revenue over the next decade.
The increase in funding for the IRS is directly attributed to the $80 billion passed by Democrats, which Republicans opposed.

IRS Funding Targeted by GOP Has Allowed Agency to Recover $500M From the Rich

An infusion of funding for the IRS has allowed the agency to recover over half a billion dollars in unpaid taxes owed by wealthy individuals.
The Democrats' 2022 Inflation Reduction Act allocated additional funding for the IRS to go after wealthy tax cheats, leading to immediate impact and a call for continued funding.
morefunding

Charles Littlejohn, Leaker of Trump's Tax Returns, Sentenced to 5 Years in Prison

Former IRS contractor sentenced to 5 years for leaking tax information on Trump and wealthy individuals
Judge imposes maximum sentence, stating the crime targeted the nation's system of government
#donald-trump

"He ripped off the tax system": IRS audit could cost Trump more than $100 million

Former President Trump used questionable accounting methods to claim tax breaks, potentially facing over $100 million in taxes.

Former Contractor Who Leaked Trump's Tax Returns Sentenced to 5 Years in Prison

Former IRS contractor sentenced to five years in prison for leaking tax records of wealthy Americans, including Donald Trump.
Prosecutors say his actions are unparalleled in the history of the IRS.

"He ripped off the tax system": IRS audit could cost Trump more than $100 million

Former President Trump used questionable accounting methods to claim tax breaks, potentially facing over $100 million in taxes.

Former Contractor Who Leaked Trump's Tax Returns Sentenced to 5 Years in Prison

Former IRS contractor sentenced to five years in prison for leaking tax records of wealthy Americans, including Donald Trump.
Prosecutors say his actions are unparalleled in the history of the IRS.
moredonald-trump

GOP Rep. Dan Meuser demands IRS investigate Biden's $240K loan repayments from brother

Republican Rep. Dan Meuser has demanded an IRS investigation into $240,000 in loan repayments by President Biden from his brother.
Meuser questions the legality and transparency of the loans and whether interest was reported in Biden's tax filings.

When will I get my California and federal tax refund? Here's the earliest cash could come

California's Franchise Tax Board began accepting returns on Jan. 2.
If you file electronically through the FTB and IRS, you should get a refund in 21 calendar days.

Maine Senator Collins Challenges Janet Yellen On IRS Remote Work Policies

Senator Collins questions IRS remote work practices amidst data discrepancies.

The Morning Risk Report: IRS Apologizes to Billionaire Ken Griffin for Leak of Tax Records

The IRS apologized to Ken Griffin for tax return leak.

Tesla Model 3 variant added to EV tax credit qualification list

Car buyers can now receive the $7,500 electric vehicle tax credit for Tesla's Model 3 Long Range All-Wheel-Drive configuration at the point of sale.
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