The Internal Revenue Service has received $15 million as part of the Inflation Reduction Act to help Americans e-file easier.
IRS Backtracks, Ends Bid to Require Facial Recognition
The IRS is backtracking on its plans to require facial recognition to access online accounts, following backlash from security and privacy experts.
IRS Will Require Photo ID and Live Selfie to Access Online Account
The IRS will soon begin requiring a photo ID, paired with a live selfie, in order to access online accounts.
PayPal, Venmo, Cash App Will Start Reporting $600 Transactions to the IRS
Popular payment apps will start reporting payments of $600 or more to the IRS to comply with a new tax law.
IRS Delays Tax Deadline to May 17
The Internal Revenue Service (IRS) is extending the tax deadline by a month, until May 17, to help ease the burden on taxpayers.
IRS Warns of New Stimulus Scam
The Internal Revenue Service is warning taxpayers of a new scam that uses promise of a stimulus payment to get bank information.
IRS Makes It Easier For Taxpayers To Find Free Options
The Internal Revenue Service (IRS) has announced an agreement with Free File, Inc. (FFI) designed to make tax season a little easier. Taxpayers earning less than $69,000 a year have the option of filing their taxes for free. Unfortunately, many…
Melissa Gilbert Owes IRS $360,000, Which She Blames On Career, Recession and Divorce
Melissa Gilbert is in trouble with the IRS. According to CBS News, the Internal Revenue Service says former Little House on the Prairie star Melissa Gilbert failed to pay more than $360,000 in federal income taxes from 2011-2013. The Detroit…
Tax Advice: 5 Dirty Tax Scams to Watch Out for This Year
Some tax advice is not worth the hot air that pushes it out of a crooks mouth. The IRS has put together a list of a dozen tax season pitfalls that Americans need to be on the lookout for. Some…
Microsoft Sues IRS For Not Delivering On FOIA Request
Microsoft has sued the IRS in relation to a Freedom of Information Act request. The company wants information related to an IRS investigation into its tax records as it conducts an audit. The audit focuses on a fee charged between…
ER Star Mekhi Phifer Files For Bankruptcy
Former ER star Mekhi Phifer is the latest celebrity to find themselves in a hole when it comes to their finances, TMZ reports. On April 22, 2014, Phifer reportedly filed for bankruptcy. He claims that he only has $67,701 in…
Gisele Audited by IRS After Listed as Forbes’ Highest-Paid Model
Brazilian supermodel, Gisele Bundchen, was recently reviewed by the IRS after making “The World’s Highest-Paid Models of 2013” list on Forbes. According to Forbes, the 33-year-old earned $42 million last year and “replaced Beyoncé as the face of H&M, reportedly beat out…
IRS Tax Filing Deadline Pain Lessened With Yummy Deals
April 15, also known as Tax Day, is upon us again. While some people like to file their taxes with the IRS early on–especially if they’re getting a refund–others wait until the last minute. Whether you were the early bird…
IRS: Bitcoins Are Property And Absolutely Taxable
Good news and bad news has just come down the pipe courtesy of the IRS. The good news? Bitcoins have received a huge boost in terms of U.S. government recognition. The bad news? If you were hoping to invest in…
IRS: Bitcoin is Property, Not Legal Tender
Despite the wild swings in the virtual currency markets and the recent scandal involving the Mt. Gox exchange’s loss of $400M, Bitcoin continues to hold some value online. As the most popular virtual currency, Bitcoin is becoming increasingly popular with…
IRS Selfies on Instagram Help Man Avoid Audit
Time Magazine reports that a Pennsylvania architect is using social media tech to stay a step ahead of the tax man. Andrew Jarvis probably never thought that his Instagram selfies would land him in the news, but his idea was…
Online Tax Filing: Send It Straight To The IRS Free
You might have noticed the many e-file websites that offer “free” tax-filing options, but somehow seem to add fees or consistently try to trick you into clicking the upgrade button while you plow through your taxes. IRS takes matters into…
Identity Theft on the Rise this Tax Season, IRS Warns
Identity theft is on the rise this tax season as millions of Americans file tax returns and claim their refunds. In February, the Internal Revenue Service placed identity theft at the top of their “Dirty Dozen” tax scams list. Criminals…