News

MiBolsilloColombia on MSN15h
The IRS announces no change in interest rates until the next quarter
The Internal Revenue Service (IRS) has confirmed that there will be no changes to the interest rates for the upcoming quarter ...
FingerLakes1.com5h
IRS to raise interest rates for tax overpayments and underpayments
The IRS will increase interest rates for overpayments and underpayments starting July 1. Here’s what taxpayers and ...
JD Supra1h
IRS Workforce Reductions: Delays and Increased Legal Challenges
A May 2 report from the US Treasury Inspector General for Tax Administration (TIGTA) found that as of March, the Internal Revenue Service ...
Accounting Today1d
Improper payment rate still too high at IRS
The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper ...
FingerLakes1.com6h
IRS opens grant applications for free tax counseling programs
IRS now accepting VITA and TCE grant applications through May 31, 2025, to support free tax prep for seniors and low-income ...
Trump wants to 'abolish' the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...
Nonprofit Law Blog3d
IRS … Meet Internal Revenue Code Section 6103
In an earlier post, we discussed how Section 7217 of the Internal Revenue Code (IRC) prohibits the President, among others, from requesting the Internal Revenue Service (IRS) to conduct an audit ...
IRS mandates weekend overtime to clear tax error backlog, internal memo sparks staff concerns
Even though this year's tax filing season is over, the Internal Revenue Service (IRS) is ordering some employees to work ...