Keyword: “IRS Information” 1,074 related articles found
IRS JCT Intensify Scrutiny of Highvalue Tax Refunds

Taxation · 08/12/2025

IRS JCT Intensify Scrutiny of Highvalue Tax Refunds

This article explores the complex process of federal tax refund and credit audits in the United States, highlighting instances where refund claims exceeding $2 million require IRS review and congressional reporting. It details the preparation for refund cases, the audit process, and circumstances not applicable to JC refund cases, providing practical guidance for taxpayers facing IRS audits.

IRS Intensifies Scrutiny on Highvalue Tax Refunds Credits

Taxation · 08/13/2025

IRS Intensifies Scrutiny on Highvalue Tax Refunds Credits

When taxpayers apply for substantial refunds or credits exceeding $2 million (or $5 million for C corporations), the IRS will review the application and submit it to the Joint Committee on Taxation (JCT). This process encompasses the history of refund requests, the reasons behind them, and supporting documentation to ensure compliance.

IRS Free File Alliance Expands Affordable Tax Solutions

Taxation · 08/13/2025

IRS Free File Alliance Expands Affordable Tax Solutions

The IRS Free File Alliance is a nonprofit organization made up of leading tax software companies that offer free electronic tax preparation and filing services through the IRS Free File program. It aims to assist taxpayers who cannot afford tax service fees and simplify the tax filing process.

IRS Offers Installment Payment Option Via Form 9465

Taxation · 08/13/2025

IRS Offers Installment Payment Option Via Form 9465

This article explains the process and key points for applying for an IRS installment payment agreement, with a focus on the requirements and considerations for completing Form 9465. It aims to assist taxpayers in alleviating their tax burden and reasonably repaying their outstanding debts.

IRS Simplifies Installment Plan Applications Via Form 9465

Taxation · 08/13/2025

IRS Simplifies Installment Plan Applications Via Form 9465

This guide provides the process for completing IRS Form 9465, assisting taxpayers in applying for an installment payment plan. It covers the eligibility criteria, key points for filling out the form, and important considerations, aiming to alleviate the burden of tax payments and ensure timely payments.

IRS Offers Guidance on Tax Debt Installment Plans

Taxation · 08/13/2025

IRS Offers Guidance on Tax Debt Installment Plans

This article outlines how to apply for a tax installment payment plan by completing Form 9465-FS(SP). It assists taxpayers in managing tax debts ranging from $25,000 to $50,000, providing step-by-step guidance and important considerations.

IRS Offers Guidance on Tax Payment Installment Plans

Taxation · 08/13/2025

IRS Offers Guidance on Tax Payment Installment Plans

This article provides an in-depth analysis of the application process and important considerations for IRS Form 9465, offering practical installment payment guidance for taxpayers with outstanding taxes, ensuring a smooth application process.

IRS Expands Direct Pay for Easier Tax Payments

Taxation · 08/12/2025

IRS Expands Direct Pay for Easier Tax Payments

The direct payment service offers individuals and businesses convenient tax payment options, supporting various tax payments while ensuring users can easily manage their payment records with confirmation numbers and email confirmations. The flexibility and convenience of this service make it a preferred tool for taxpayers.

IRS Direct Pay Simplifies Tax Payments for Filers

Taxation · 08/12/2025

IRS Direct Pay Simplifies Tax Payments for Filers

The IRS Direct Pay service offers individuals and businesses a convenient way to make online tax payments. Users can securely pay various taxes, including income tax, healthcare payments, and estimated taxes. The system generates a confirmation number to ensure a smooth payment process, and users can promptly check and follow up if any issues arise.

New Tax Documents Are Now Available in Taxpayer Online Accounts for Easier Management

Taxation · 02/27/2025

New Tax Documents Are Now Available in Taxpayer Online Accounts for Easier Management

The IRS has announced the addition of important tax documents such as W-2 and 1095-A to personal online accounts, enabling taxpayers to more effectively manage and access their personal tax information, thereby simplifying the tax filing process.

Beware Of Tax Fraud Protecting Yourself From Financial Scams

Taxation · 07/23/2025

Beware Of Tax Fraud Protecting Yourself From Financial Scams

This article discusses common methods of tax fraud and how to recognize and prevent these scams. After emphasizing the official contact channels of the IRS, it offers specific countermeasures aimed at helping taxpayers protect their personal information and avoid financial losses.

How To Check The Status Of My Tax Refund

Taxation · 07/23/2025

How To Check The Status Of My Tax Refund

This article explains how to check the status of tax refunds using the IRS 'Where's My Refund' tool. It includes necessary information, update times, explanations of refund statuses, and ways to get assistance, helping taxpayers manage their taxes more effectively.

Unveiling The Secrets Of Whistleblower Compensation How To Get The IRS To Listen

Taxation · 07/23/2025

Unveiling The Secrets Of Whistleblower Compensation How To Get The IRS To Listen

This article outlines the process and requirements for receiving rewards by reporting tax non-compliance behaviors to the IRS. It emphasizes the key information needed for submission and the application steps, encouraging the public to actively participate in exposing tax fraud.

Bank Seizures Official Insights and Response Strategies

Taxation · 08/13/2025

Bank Seizures Official Insights and Response Strategies

This article interprets the IRS procedures for bank account seizures and response strategies, including the application process for lifting a seizure and the compensation mechanism for wrongful seizures. It provides taxpayers with practical information to help them navigate potential financial distress.

Protecting Taxpayer Rights IRS Civil Rights Measures and Assistance Programs

Taxation · 07/23/2025

Protecting Taxpayer Rights IRS Civil Rights Measures and Assistance Programs

The IRS strictly upholds taxpayer rights, prohibiting any discrimination based on personal characteristics and implementing various services, including low-income tax assistance. Taxpayers are encouraged to communicate with IRS staff if they need reasonable accommodations or language support.