The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...

The IRS has issued a crucial reminder to over 800,000 tax preparers across the U.S. about the necessity of maintaining a valid Preparer Tax Identification Number (PTIN). This requirement is vital for ...

This year, the tax filing season is starting off strong. The initial data from the IRS indicates that taxpayers are getting their returns in more quickly than they did last year. Tax season opened on ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

The IRS issued an “urgent” alert on Wednesday, warning tax preparers of possible scams. According to the IRS, a new scam email is circulating that is impersonating the IRS and attempting to steal tax ...

Internet security vendor reports a 3,000 percent increase in the number of phishing attempts to trick taxpayers to give up personal information. E-mails that fraudulently claim to be from the Internal ...

A n updated Internal Revenue Service contingency plan will keep nearly 40,000 employees working during a federal shutdown, ...

NEW YORK — The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face ...

Tax professionals must renew their Preparer Tax Identification Numbers to remain compliant and avoid penalties.

Direct File has been one of the IRS's most popular and successful programs in recent years. In 2025, it will expand significantly and become available to twice as many states. In the coming tax year, ...

The second wave of "tax time" is just around the corner. Those who filed for extensions have until October 15 to submit their 1040, and that deadline brings with it another round of apprehension among ...