The 2022 and 2023 filing seasons were as “different as day and night,” according to Secretary of the Treasury Janet L. Yellen. Yellen, who made remarks at a press conference today with IRS ...
The IRS paper check phase out 2025 is officially here, and if you aren’t prepared, your tax refund could be stuck in ...
When you receive a Notice 5071C, it means that the IRS has received a federal income tax return filed using your Social Security number (SSN) or individual tax identification number (ITIN). Before the ...
With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...
Millions of Americans who file their own returns have long learned about tax math mistakes only after the Internal Revenue ...
The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting with the most common notices that individual taxpayers receive ...
The Senate unanimously passed legislation requiring the IRS to simplify error notices for taxpayers, providing clearer ...
The IRS Final Notice of Intent to Levy is a formal notification sent to taxpayers, indicating the IRS's intention to legally seize their assets to settle a tax debt. This action, known as a levy, is a ...
Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are ...
The IRS collection letters are arriving in mailboxes once again. And if you get one, tax professionals say, please, don't throw it in a drawer and ignore it. The automated reminder notices resumed in ...
When the IRS sent a simpler version of a notice that asks taxpayers to take certain steps to prevent fraud, the result was a 16% decrease in taxpayers who called the IRS as their first action and a 6% ...