Keyword: “IRS data” 643 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.

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.

Stay Ahead in Tax Times Comprehensive Support from the IRS

Taxation · 07/25/2025

Stay Ahead in Tax Times Comprehensive Support from the IRS

This article analyzes the latest developments from the IRS regarding tax support, including data security, tax benefits for natural disasters, filing extensions, personal document protection, and measures to prevent fraud. It offers practical advice to taxpayers aimed at optimizing their tax experience.

Firms Urged to Strengthen Tax Data Security Measures

Taxation · 08/12/2025

Firms Urged to Strengthen Tax Data Security Measures

The IRS has partnered with state tax agencies and the tax industry to launch the "Tax, Security, Together" campaign, aiming to raise public awareness about identity theft and protect taxpayer data security. The initiative calls for collective efforts from all sectors of society to implement effective measures and enhance awareness of data security protection.

IRS Releases Postdisaster Relief Information Tax Assistance For Affected State Residents

Taxation · 07/23/2025

IRS Releases Postdisaster Relief Information Tax Assistance For Affected State Residents

The IRS provides tax relief information for residents in disaster-stricken states to support economic recovery after natural disasters. The IRS implements deadlines extensions and tax reductions policies covering affected states and territories, helping residents quickly return to their daily lives.

IRS Launches Free Direct File Tax Service Covering 25 States

Taxation · 03/10/2025

IRS Launches Free Direct File Tax Service Covering 25 States

The IRS reminds taxpayers to take advantage of various free tax filing options. The newly launched 'Direct Filing' service is now available in 25 states, allowing users to easily file both federal and state taxes, with conveniences such as data import and online support.

Tax Professionals Beware of Phishing Attacks Strategies for Protecting Sensitive Information

Taxation · 07/15/2025

Tax Professionals Beware of Phishing Attacks Strategies for Protecting Sensitive Information

Tax professionals face significant threats from phishing emails and data theft. The IRS, in collaboration with security summit partners, has released a report recommending strategies to effectively protect sensitive taxpayer information. These strategies include identifying suspicious emails, implementing two-factor authentication, and keeping software updated.