Tag
IRS
IRS Will Keep Operating Even If Government Shuts Down
An official said that the Internal Revenue Service will continue to work even if the looming government shutdown becomes a reality.
China Sends Record Number of Jets Near Taiwan
Over a hundred warplanes in 24 hours—a record-breaking count as Beijing flexes its military might on Taiwan. Meanwhile, China has an offer for the Taiwanese peo
Hunter Biden Files Lawsuit Against IRS, Claiming Violation of Privacy
Hunter Biden filed a lawsuit against the IRS just four days after being indicted on gun charges. He says agents unlawfully disclosed his private records.
IRS Hiring Another 3,700 Tax Enforcers, Watchdog Warns Those Earning Under $400,000 Could Be Targeted
IRS hiring 3,700+ tax enforcers to audit higher earners but a watchdog worries about audits for those under $400,000 due to unclear "high-income" definition.
IRS Adopting AI to Target Wealthy Tax Evaders, but Everyone Should Be Concerned: Samuel Gregg
The IRS has announced that it will be adopting AI to find and target tax violations by high-income individuals and large business partnerships. Now, the IRS has
IRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ of Potential Fraud Claims
The agency believes over $2.8 billion in claims under investigation could potentially be fraudulent and advises businesses to pause filing.
IRS Grants Relief to Taxpayers In Georgia Affected by Hurricane Idalia
The IRS has granted tax relief to Georgia victims of Hurricane Idalia while the Department of Health and Human Services has declared a public health emergency.
IRS Failing to Protect Sensitive Taxpayer Information: Watchdog
A government watchdog has faulted the IRS for failing to adequately protect sensitive taxpayer information.
Watchdog Casts Doubt on IRS Pledge Not to Increase Audit Rates on Americans Earning Under $400,000
A watchdog has cast doubt on the IRS' pledge not to target Americans earning under $400,000 with tax audits because the IRS has no definition of "high-income"
IRS Issues Massive Warning to Americans | Facts Matter
The IRS has just put out a major statement, warning Americans that moving forward, the agency will now be using AI to crack down on tax-related enforcement.
