The IRS has announced a way for non-filers to receive their stimulus checks. The new web tool is for eligible U.S. citizens or permanent residents that had a gross income that did not exceed $12,200 ...
The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
The IRS has increased funding for collection and enforcement, with a stated focus on high income non-filers and digital assets (among other areas). The DOJ has also emphasized a focus on digital ...
It’s not only millionaires that the IRS has its sights set on this tax season. If you make at least $400,000 — and haven’t filed federal tax returns — you may receive a compliance letter from the ...
High-income non-filers are being contacted by the Internal Revenue Service (“IRS”) about their tax noncompliance. The IRS announced on February 29, 2024 a new enforcement campaign focused on taxpayers ...
The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017. The initiative is starting this week with IRS compliance letters being ...
The Internal Revenue Service (IRS) has warned that it will continue to pursue wealthy Americans who do not file their tax ...
Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns. "We continue to pursue these folks," an IRS official told CNBC. "This is ...
The Internal Revenue Service is well-known (some may say "infamous") for auditing tax returns for accuracy and pursuing tax debtors for payments. However, there is a third compliance area that has ...