Preliminary numbers are in on income tax return filings for Tax Year 2016, and they add up to a busy season.
With the April 18 income tax filing deadline just days away, millions of American taxpayers will soon have just two choices to avoid a penalty: File or get an extension.
A group of organizations that represent areas of the tax professional community have joined to let federal lawmakers know they’re not happy with the Internal Revenue Service's performance.
The Internal Revenue Service is mailing out written notices to thousands of taxpayers who may have had their identities compromised due to a recent hack of the student aid application process.
The use of virtual currency such as Bitcoin has been growing for all sorts of online financial transactions. But the Internal Revenue Service says they’re finding that very few of those transactions are being reported for tax purposes.
With the deadline for submitting income tax returns in sight, identity thieves are increasing their efforts to steal valuable data than can help them file bogus tax returns.
Tax professionals are being warned to watch out for a new round of email scams that seek to steal their professional credentials and other critical information.
An audit into how the Internal Revenue Service responded to a 2015 security breach has found the agency hasn’t taken sufficient steps to ensure that such a breach doesn’t happen again.
An evaluation by the Treasury Inspector General for Tax Administration (TIGTA) shows that the Internal Revenue Service isn’t managing to keep up with the...
Tax professions who need to reinstate their e-Services accounts have a little unexpected help available this week. The Internal Revenue Service added extra staff Tuesday with the mission of assist tax pros.