Court upheld the validity of the Section 148 notice but set aside the assessment order after finding that notices were sent to an old email address, resulting in denial of adequate opportunity to the ...
The U.S. Justice ​Department has "forever barred" the Internal Revenue Service ⁠from pursuing any audits into past ​tax ...
The Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must submit Form No. 97 with complete details. These changes, part of ...
The IRS explains that an ERC “is a refundable tax credit for certain eligible businesses and tax-exempt organizations that ...
A revision of Form 990, Return of Organization Exempt From Income Tax, is coming, changes that Treasury says are designed to improve transparency, strengthen tax administration, and provide clearer ...
The Trump administration significantly reduced IRS staffing in 2025, impacting tax cheat investigations and causing a decrease in enforcement revenue. The IRS plans further cuts despite recent revenue ...
President Trump’s executive order, which has been challenged as unconstitutional, would limit the Postal Service to sending only the ballots of voters deemed eligible. By Adam Sella Reporting from ...
Harvard Kennedy School has convened a formal search committee to help select the next director of its Institute of Politics, marking a more structured and consultative approach than the dean-led ...
You generally have three years after the filing deadline to submit an amended return. By filing an amended return, you might ...
Tax season is in full swing as the deadline to file or request an extension is less than three weeks away, and some Americans who have already filed their returns are waiting to receive a refund from ...
The Internal Revenue Service (IRS) collects billions of dollars each year in back taxes, penalties and interest, in large part because it has an arsenal of tools to collect what's owed. Wage ...
An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...