When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...
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WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) The Senate has officially ...
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act, according ...
The first quarter of 2026 has been anything but quiet for taxpayers. Along with the preparations for filing income tax returns, the Bureau of Internal Revenue’s (BIR) has rolled out guidance to update ...