News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The move effectively calls for a carve out for religious organizations from the rarely used IRS rule called the Johnson Amendment, put in place in 1954 and named after then-Sen. Lyndon Johnson.
Trichy: The income tax department has unearthed a ₹500-crore tax refund fraud involving fabricated income tax returns during investigations and search.
Records also showed that she also failed to file tax returns for 2017 even though she had “significant income.” ...
As an eBay seller, you receive payments for your goods and services through eBay. As an online marketplace, eBay is required to send a 1099-K tax form detailing these payments to the IRS and to you if ...
IRS can collect crypto user data after Supreme Court declines Coinbase case, leaving lower court ruling in place.
This week, the IRS submitted a court filing in a lawsuit filed by two Texas churches and an association of Christian ...
Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories.
For many, summer is a time for relaxation, fun, and adventure. But did you know that certain summertime activities might ...
The US Supreme Court on June 30, 2025, declined without comment to review Harper v. Faulkender, ending James Harper’s challenge to an IRS “John Doe” summons that compelled Coinbase to hand over ...
Several tax experts say that thousands of investors have ... since a wave of compliance letters sent from 2020 to 2021. The new IRS letters inform recipients that the agency has records of them ...