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The Latest Breaking News from the Internal Revenue Service

IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees

The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest

The Independent UK

IRS contractor charged with leaking tax return information of wealthy people

A former contractor for the Internal Revenue Service has been charged with leaking tax information to news outlets about a government official and thousands of the country’s wealthiest people

The Independent UK

No, Court Won't Order Removal of Online Copies of the Decision in Your Online Case, Even if

you argue that you're losing job opportunities because employers see that decision.

Reason

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IRS Targeting More Supposedly 'High-Income' Americans Than Advertised

Don’t count on that promise to not hike taxes on “people making less than $400,000.”

Reason

IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims

The Internal Revenue Service said Thursday it will pause accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent

The Independent UK

US Treasury, Internal Revenue Service Introduce Comprehensive Set Of Cryptocurrency Regulations

The move shows growing importance of digital assets and the government's commitment to ensuring their transparent and lawful use.

Zenger

$80bn for the IRS? Fund the US taxman, but not like this

The Internal Revenue Service is woefully underfunded, and badly needs money – but Biden has made a PR blunder

The Guardian - US

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In Alsip red-light-camera investigation, feds have done new interviews, issued subpoenas

Investigators recently approached or interviewed current and former village officials, asking how Alsip chose SafeSpeed as its red-light-camera contractor.

Chicago Sun-Times

The IRS will stop making most unannounced visits to taxpayers' homes and businesses

The agency said instead it will send letters to certain taxpayers to set up face-to-face meetings.

WEKU

Commentary: The IRS has an alternative to TurboTax. But will that widen the racial wealth gap?

The Internal Revenue Service recently announced that it will begin a pilot program during the 2024 tax season to start preparing and filing Americans’ taxes in-house, relieving them of the need to use an accountant or tax preparation software such as TurboTax.

Chicago Tribune

Trump Explored Using IRS To Target FBI Officials, New Report Reveals

Former White House chief of staff John Kelly's sworn statement sheds light on Trump's alleged attempts to investigate FBI agents

Zenger

Arrests of 3 members of an Atlanta charity's board in a SWAT-team raid is highly unusual and could be unconstitutional

On May 31, 2023, the Atlanta Police Department deployed a SWAT team to arrest Marlon Kautz, Adele MacLean and Savannah Patterson. These three people weren’t fugitives from justice or drug kingpins, but rather volunteer board members of a local charity.

The Conversation

The tax deadline is April 18. Here's how to file for an extension

The good news is: It’s a fairly easy process.

Fortune

Editorial: We must invest in the IRS. It’s the only way to ensure all Americans pay the taxes they owe

Imagine investing $80 over a decade and getting a $180 return. Pretty good deal, right? Now multiply those figures by a billion dollars and you get an idea of how much American citizens will benefit from additional federal funds being allocated to the Internal Revenue Service.

Chicago Tribune

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McClatchy Washington Bureau

‘IRS is finally answering the phones’ but struggles with technology as Tax Day nears

WASHINGTON — It’s been easier this year to get in touch with someone at the Internal Revenue Service.

The Conversation

I tried to pay my taxes in cash – here's what happened, and why the IRS should make it easier to do so

About two-thirds of all U.S. residents who file federal income taxes typically get a refund. Unfortunately, this year I am among the other third who owe the Internal Revenue Service money.

Los Angeles Times

How to file your taxes and get your refund for free in 2023

Historically, April is tax time. (We will hold briefly for boos.) But there is a silver lining. Two, actually: Most people don’t need to pay for special software to file them. And if you’re fortunate enough to be a Californian, your state and federal taxes probably aren’t due until October.

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