IRS Newsroom - Internal Revenue Service
Get IRS tax news and sign up for e-News updates. Find information on Form 1040, tax relief, regulations, deadlines, tax guidance and more.
IRS announces special payments going this month to 1 million …
IR-2024-314, Dec. 20, 2024 — As part of continuing efforts to help taxpayers, the Internal Revenue Service today announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
IRS announces Jan. 27 start to 2025 tax filing season; agency …
Jan 10, 2025 · Free File program now open; Direct File available starting Jan. 27 for taxpayers in 25 states. IR-2025-08, Jan. 10, 2025. WASHINGTON — The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of …
IRS recovers $4.7 billion in back taxes, braces for cuts under …
Dec 13, 2024 · WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation’s tax collector received ...
IRS at risk of losing $20 billion in funding ... - Associated Press News
Nov 26, 2024 · Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen.
IRS sending payments of up to $1,400 to 1 million people ... - CBS News
Dec 23, 2024 · The IRS said it's sending the payments automatically to about 1 million people who filed tax returns and who qualified for the recovery rebate credit yet didn't claim it.
Tax season is about to start. The IRS is still grappling ... - CBS News
Jan 8, 2025 · Millions of Americans continue to grapple with IRS delays that are preventing them from getting their tax refunds in a timely manner, according to a new report from the National Taxpayer...
Tax updates and news from the IRS | Internal Revenue Service
Get critical updates that may affect your tax filing and recent IRS news. On this page. Latest updates; Clean vehicle and energy credits; 2023 tax filing. Other updates; Latest updates. Resolving incorrect claims for the Employee Retention Credit – The IRS continues to urge employers to review their ERC claims. There is limited time to ...
IRS expects to collect more in overdue and unpaid taxes | AP News
Feb 7, 2024 · WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS.
IRS says its number of audits is about to surge. Here's who ... - CBS News
May 3, 2024 · 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.