The IRS has significantly enhanced its capabilities with the Information Returns Processing System. This system meticulously compares data from employers and third parties, such as W-2s, 1099s, and ...
The front doors of the Internal Revenue Service building are seen in Washington, D.C., on May 18, 2025. (Photo by Wesley Lapointe/For The Washington Post via Getty Images) A group of House lawmakers ...
As of May 2025, the IRS had lost more than 25% of its mission-critical enforcement staff, including auditors who handle ...
Fraud victims wondering whether they can deduct a portion of their financial losses tied to scams on their taxes just got some clarification from the IRS. In a memo released last month, the IRS Office ...