As the April 15 federal tax filing deadline nears, the Internal Revenue Service has announced it will open more than 70 Taxpayer Assistance Centers (TACs) around the country on Saturday, April 13,
The Social Security Administration (SSA) announced a new measure on Friday, slashing the amount that social security beneficiaries must pay to the agency from their monthly benefits to repay overpa
Four years after the enactment of a key pandemic-era law, the Internal Revenue Service released updated numbers showing Criminal Investigation (CI) has investigated 1,644 tax and money laundering c
The IRS has notified tax professionals of a programming error impacting e-filers of Form 1065, Schedule K-1, Line 20 for 2023. The error blocked e-filed partnership returns from using Code ZZ.
In December 2020, the IRS had around 16.5 million tax returns either being prepared for processing or on hold during processing because of the effects of the pandemic.
The Internal Revenue Service has announced that compliance efforts around erroneous Employee Retention Credit (ERC) claims have topped more than $1 billion so far since last fall as work continues