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Tag: IRS

IRS Is Creating a Free Tax Filing Service Over the Industry’s Objections
The Internal Revenue Service is moving forward with plans to unveil a free tax filing service, despite objections from the tax industry....
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IRS Delays $600 Reporting Rule
The Internal Revenue Service has delayed a rule that would require gig workers to report earnings of $600....
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IRS Gets $15 Million to Make Free E-Filing Easier
The Internal Revenue Service has received $15 million as part of the Inflation Reduction Act to help Americans e-file easier....
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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....
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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....
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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....
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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....
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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....
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IRS Under Investigation For Illegally Tracking Americans via Their Phones
The IRS is under investigation by the US Treasury's Inspector General for purchasing smartphone data to illegally track Americans....
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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 earnin...
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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 G...
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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 Ame...
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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...
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Toby Keith’s Bar Owes $250,000 In Back Taxes
The tax debt of Toby Keith’s I Love this Bar & Grill at Destiny USA has continued to grow, now totaling over $250,000. Earlier this month, ...
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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, Phif...
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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” lis...
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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 ...
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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...
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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...
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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 thoug...
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