Audit triggers, enforcement actions, compliance requirements, reporting thresholds, IRS technology changes, and taxpayer rights.
If your federal tax refund is late, the IRS is paying you 8% annual interest on every day it keeps your money past a 45-day...
Every spring, a one-page tax form lands in the mailboxes of IRA holders across the country weeks after they have already filed their returns. Most...
Last filing season, thousands of Americans discovered they had been robbed before they even knew anything was wrong. They sat down to e-file their federal...
A 73-year-old retiree sitting on $500,000 in a traditional IRA owes roughly $18,900 in required minimum distributions this year. If that money doesn’t leave the...
Imagine making student loan payments for 20 years, watching your balance barely budge, and finally reaching the finish line where the federal government promises to...
Say you bought $14,000 worth of Bitcoin, sold it for $15,000, and owed tax on the $1,000 profit. Simple enough. Now imagine the IRS received...
The average federal tax refund last filing season topped $3,100. Starting with tax year 2026 returns, filed during the 2027 season, anyone who doesn’t have...
Sometime in February, a tax form you had never seen before likely showed up in your Coinbase, Kraken, or Gemini account. Form 1099-DA, the IRS’s...
This spring marks the first time cryptocurrency brokers are required to report your sales directly to the IRS. If you sold Bitcoin, Ethereum, Solana, or...
If you got your federal tax refund as a paper check last year, that’s almost certainly not going to happen again. Under Executive Order 14247,...
Millions of Americans paid IRS penalties during the COVID-19 pandemic, wrote off the loss, and never looked back. That may have been a costly mistake....
Millions of Americans paid late-filing penalties, late-payment penalties, or interest charges to the IRS during the early months of the COVID-19 pandemic. Now, an independent...
A penalty of $500 here, $1,200 there. During the worst of the COVID-19 pandemic, the IRS kept its automated penalty machine running even as its...
Millions of Americans were hit with IRS penalties during the COVID-19 pandemic. Now, the federal government may owe them money back. But there is a...
If you earned seven figures last year and filed a clean return, you might still hear from the IRS. The agency is now running 125...
If you reported more than $10 million in income on your most recent tax return, the IRS is screening it with tools that barely existed...
Somewhere inside the IRS, a machine-learning model is comparing the income you reported on your 2025 tax return against every W-2, 1099, and third-party record...
Rachel Cohen filed her 2025 federal tax return. She calculated what she owed. Then she decided not to pay it. The Chicago attorney posted a...
The IRS just finished delivering more than $202 billion in tax refunds through March 20, capping what the agency called one of its smoothest filing...
The IRS processed roughly 163 million individual tax returns in fiscal year 2024. By the end of 2026, the number of enforcement employees responsible for...