The IRS is set to revolutionize its refund process by eliminating most paper checks by September 2025. This shift towards digital payments aims to enhance security, reduce costs, and expedite delivery ...
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IRS Offers a 30% Reward for Reporting Tax Fraud: Here's How It Works
The IRS is tackling tax fraud, a significant issue costing billions in unpaid taxes, by incentivizing citizens to report ...
The Internal Revenue Service (IRS) is facing its most dramatic downsizing in decades, with significant implications for taxpayers and the federal budget. A federal watchdog report has warned that the ...
Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.
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IRS Government Watchdog Warns More Layoffs to Come
The 2025 tax season has wrapped up, and the IRS is set to experience another gutting of its workforce this week — or is it? As many as 5,000 IRS employees reportedly accepted the Trump ...
The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.
The more afraid immigrants are that the IRS will report them to immigration authorities, the less they may pay in taxes, experts warn. Why it matters: Mere reports that the IRS might start sharing ...
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