A $30,000 mistake. When paying the IRS, a Bay Area taxpayer wrote the correct amount of $3,360 on the numerical value box on ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

A $30,000 mistake. That could happen to any of us. A Bay Area couple accidentally overpaid the Internal Revenue Service, but that's only half the problem. As 7 On Your Side explains, both the couple ...

Though, unfortunately, the world we live in is laden with scammers looking to take advantage of vulnerable people, knowing ...

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The IRS’s criminal division is under scrutiny for poor documentation and oversight of billions in seized crypto assets, a ...

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...

The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.

This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...