The Taxpayer Advocate Service Can Help Process Your ERC Refund Request

If you are one of the many individuals who have yet to receive their Employee Retention Credit (ERC) refund, don't worry, there is a way to secure your claims without affecting your future tax returns ... Read More

IRS Updates Help for Low Income Taxpayers

The Internal Revenue Service (IRS) has started accepting applications from Low Income Taxpayer Clinic (LITC) matching grants for 2025 from all qualified organizations, the agency announced on Tuesday. Read More

Bipartisan group looks to push IRS towards simpler math error notices

The IRS MATH Act would require the tax agency to send more specific, straightforward notices when it corrects simple math errors on tax returns. Read More

The IRS Is Holding $1 Billion for 940,000 Tax Payers. Here's How to Claim Your Money

If you're missing a tax refund from the 2021 filing season, you have under a month left to claim your money from the IRS. Read More

Cities named, registration open for IRS Tax Forums

Tax practitioners can now register for the 2024 IRS Nationwide Tax Forums taking place this summer, with more than 40 sessions on tax law and ethics, beneficial ownership information, cybersecurity, ... Read More

US Economy News Today: Consumers Think Next Six Months in the Economy Will Be Bumpy

Taylor Tompkins has worked for more ... for news at Investopedia. Welcome to Investopedia's economics live blog, where we'll explain what the day's news says about the state of the U.S. economy ... Read More

How far back can the IRS audit you? Here's what might trigger one.

The IRS will provide ... more complicated, you'll have to write an explanation with documentation or find a tax pro to help you. You can also check the Taxpayer Advocate Service for some guidance. Read More

What to know before the tax deadline

The April 15 tax filing deadline is fast approaching at a pivotal moment for U.S. tax administration as the IRS ... the “National Tax Relief Program.” The Hill’s Tobias Burns has more ... Read More

The IRS is testing a free method to directly file taxes

“The tax companies just said, ‘Well, we got a deal for you,’” recalls Nina Olson, who served as the National Taxpayer Advocate ... The IRS could not provide a more specific figure of ... Read More

The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.

After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers ... Read More

The Economy

We’re supposed to believe that a win for the UAW is a win for workers and indicative of a national trend in favor ... what organized labor is selling. More Section 301 tariffs, as the United ... Read More

Taxes and IRS News, Regulations, and Scams

The IRS offers several online resources to help you bring taxes paid closer to what you owe. They include: Self-employed taxpayers, including those involved in the sharing economy, can use the ... Read More