IRS

It's tax season, and Americans dread doing their taxes. On the other hand, it's tax season, and millions of Americans will soon be anxiously awaiting their income tax refunds. But they need to avoid the scammers.

As the 2015 tax filing season begins, taxpayers need to beware of scam phone calls from individuals claiming to represent the Internal Revenue Service (IRS) in an effort to defraud them.

More than nine out of ten Americans don’t condone cheating on their income tax returns (at least that’s what they say). But that doesn’t mean the public approves of the way the IRS is treating taxpayers.

In a joint press release issued on January 15, the highest-ranking members of the Senate Finance Committee (SFC) – new chairman Orrin Hatch (R.-UT) and previous chairman Ron Wyden (D.-OR) - announced the launch of five separate “working groups” devoted...

The Internal Revenue Service has opened the International Data Exchange Service (IDES) for enrollment. Financial institutions and host country tax authorities will use IDES to securely send their information reports on financial accounts held by U.S. pers

Printable 2014 IRS Form 1040A (for Income Taxes Filed by April 15, 2015).

Already the most-disliked federal agency, the Internal Revenue Service is about to see its reputation take another dive as customer service sinks to worst level since 2001, according to National Taxpayer Advocate Nina E. Olson.

As part of end-of-year tax legislation by Congress, the half-million dollar maximum deduction was retroactively preserved for 2014, as were a couple of other related provisions. But these extensions authorized by the Tax Increase Prevention Act ...