IRS - U.S. Internal Revenue Service

FSAs can be used to meet medical expenses like prescription medications and dental care that may not be covered under health plans.

The use of alternative dispute resolution (ADR) programs fell by 65 percent between fiscal years 2013 and 2022, according to a report.

The IRS temporarily suspended the ‘secret weapon’ back in 2016 amid a security review following the hacking.

Scammers use stolen identities of taxpayers to file fraudulent returns and claim tax refunds.

Individuals making less than $36,500 annually can save up to $1,000 in taxes if they contribute toward their retirement.

The agency is charging new taxes on Americans who make a side income of more than $600 from activities like online selling or freelance work.

Delays in filing or paying income tax can attract a penalty of up to 25 percent on unpaid taxes.

The new changes allow 401(k) participants aged 50 and above to contribute up to $30,500 towards their retirement.

The GOP has proposed reducing the Internal Revenue Service (IRS) budget to fund $14.3 billion in aid to Israel.

The tax agency encouraged employers to file their next quarterly payroll tax return electronically by Oct. 31, 2023.