irs – USTOWER

5 Minutes

IRS vows to race $10 billion in delayed Covid aid to help hurricane-hit businesses

ustowner-011 2024-10-12 23:49

Small-business owners in the Southeast who’ve been waiting for long-delayed pandemic aid are pushing for the money to recover from this fall’s brutal[……] ....

More News Business

3 Minutes

IRS employees increasingly snooping on taxpayers but DOJ rarely prosecutes

ustowner-011 2024-08-18 19:06

IRS employees are increasingly poking into taxpayers’ secret information — a violation of the law — but prosecutors are refusing to go after them[……] ....

More News Human Rights

3 Minutes

IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

ustowner-011 2024-07-11 15:39

The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money i[……] ....

More News Business

3 Minutes

The IRS came across thousands of claims for credits which taxpayers were not eligible

ustowner-011 2024-05-15 03:27

The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. I[……] ....

More News Politics

2 Minutes

US IRS aims to collect on 125,000 unfiled high-income tax returns

ustowner-011 2024-03-01 00:27

WASHINGTON, Feb 29 (Reuters) – The Internal Revenue Service said on Thursday it will crack down on high-income earners who have failed to file tax ret[……] ....

More News Business

1 Minute

DOJ moves to dismiss lawsuit filed by Hunter Biden against IRS over release of his tax info

ustowner-011 2024-01-18 03:44

The Justice Department is moving to dismiss a civil lawsuit filed by President Joe Biden’s son, Hunter Biden, against the Internal Revenue Servic[……] ....

More News Politics

2 Minutes

The IRS postpones the tax payment deadline, causing $8 billion in tax revenue to be wasted

ustowner-011 2023-11-27 02:56

Congress has pushed forward several bills in the past two years to impose new tax requirements on e-commerce platforms, long-term 401(k) sav[……] ....

More News Politics

1 Minute

IRS consultant pleads guilty for leaking tax returns of Trump and nation’s ‘wealthiest individuals’ to media

ustowner-011 2023-10-13 05:26

Charles Littlejohn also allegedly stole tax information associated with some of the nation’s wealthiest people, the DOJ said A former consultant wi[……] ....

More News Politics

2 Minutes

IRS establishes new pass-through division to tax high earners

ustowner-012 2023-09-21 06:56

The Internal Revenue Service (IRS) is setting up a new division with the billions in new funding it received in the Inflation Reduction Act to go afte[……] ....

More News Politics

12 3