The Latest Breaking News from Internal Revenue Service

Intuit Inc (NASDAQ:INTU) agreed to pay $141 million to settle claims by all 50 U.S. states and Washington, D.C. The states alleged that beginning in 2016, Intuit steered customers eligible for IRS Free File into using TurboTax Free Edition, only to later tell them they needed to pay $59.99 or more to file…

Amgen Inc (NASDAQ: AMGN) has recently received a notice of deficiency from the Internal Revenue Service centered on 2013 to 2015. 

Last-minute filers are working to ship their returns off to the Internal Revenue Service by the 2021 tax year deadline on Monday, April 18 — and likely are looking forward to a hefty check via their tax refund.

The Future Tech Career Institute on South Michigan Avenue in Chicago stands accused of cheating students out of a promised education, which, unfortunately, is nothing new at for-profit colleges.

The U.S. Internal Revenue Service has suspended information exchanges with Russia's tax authorities in a bid to hamper Moscow's ability to collect taxes and fund its war against Ukraine, the Treasury Department told Reuters on Tuesday.

Tax day is approaching, and a shorthanded Internal Revenue Service just got a $675 million boost (6%) from Congress and the president. But money won’t fix this problem. We can solve it—and maybe some other problems—with tax reform.

WASHINGTON — More people are getting bigger federal tax refunds this year, but not everyone will be getting their refund within the 21 days the Internal Revenue Service promised.

The Internal Revenue Service is the government agency that taxpayers “love to hate,” but starving it to death is bad for the country. The Biden administration’s Build Back Better legislation, which includes critically needed funding for the IRS, in now in limbo. The president has promised to fashion a stripped-down…

The Internal Revenue Service's preference for handling millionaires and billionaires with kid gloves has been known and documented for years.

There’s a glimmer of hope for frustrated taxpayers who have been unable to reach the Internal Revenue Service or have had their tax refunds held up by massive processing backlogs.

LOS ANGELES — More than a year after a Los Angeles Times investigation into the Hollywood Foreign Press Association, a pair of congresswomen have sent a letter to the Internal Revenue Service, asking for an investigation into the organization's tax-exempt status.