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IRS warns taxpayers about ghost preparers promising big refunds
As tax season begins, the IRS is warning taxpayers about ghost preparers - individuals who complete tax returns for others ...
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
Child tax credit could change — but ‘don't wait on Congress’ to file your taxes, IRS commissioner says
IRS Commissioner Danny Werfel said. By law, filers claiming the child tax credit or earned income tax credit won't receive ...
CNET on MSN5d
Will the New IRS Rule for Venmo, PayPal and CashApp Payments Impact Your Tax Return?
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
CNET5d
Will the New IRS Rule for Venmo, PayPal and CashApp Payments Impact Your Tax Return?
and it became increasingly clear we need additional time to effectively implement the new reporting requirements," said IRS Commissioner Danny Werfel in a November 2023 statement. Which payment a ...
ConsumerAffairs5d
Tax Filing Tips and Updates
The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy might want to review tax changes in the ...