January 26, 2019

President Trump announced Friday he'll back a move to reopen the government for a few weeks, so government workers can get paid while the debate over border security continues.

"I am very proud to announce that we have reached a deal to end the shutdown and reopen the f...

January 26, 2019

Thousands of IRS workers had yet to show up this week after being recalled for the tax filing season that is due to start Monday, including many who have claimed a financial hardship exemption.

The IRS called back 26,000 staffers to work without pay in a key division du...

January 16, 2019

The Internal Revenue Service (IRS) will bring back tens of thousands of furloughed workers ahead of tax season, but that might do little to alleviate challenges the agency was already facing before the partial government shutdown began.

In order to help process tax refu...

January 15, 2019

Despite the partial government shutdown, the Internal Revenue Service has reopened the Income Verification Express Service used by mortgage lenders to verify borrowers’ income, relying on user fees to help pay the salaries of IRS employees working in the unit.


January 3, 2019

A prolonged government shutdown would likely delay billions of dollars in income-tax refunds.

The Internal Revenue Service is one of the agencies that now lacks funding, and the U.S. tax collector has been operating with about 1 in 8 employees under the shutdown plan it...

April 17, 2018

The IRS will give last-minute filers additional time to file their tax returns after the web page for paying their tax bills using their bank accounts crashed, Treasury Secretary Steven Mnuchin said, according to the Associated Press.

The page was operational again as o...

March 26, 2018

U.S. taxpayers are required to report income from virtual currency transactions, the Internal Revenue Service has advised taxpayers in a notice.

The agency has provided guidance on virtual currency in IRS Notice 2014-21 for taxpayers and tax preparers.

 Just like transac...

March 26, 2018

A Freehold couple that owes the government a total of $2.6 million in personal and business-related taxes was arrested Friday morning, a spokesman for the U.S. Attorney's Office in New Jersey said. 

Tito Viteri, 39, and Maria Yepez, 38, of the Cream Ridge...

March 16, 2018

Pay your taxes on bitcoin…or else.

Late last year, the Internal Revenue Service persuaded a federal judge to require Coinbase, a San Francisco-based digital-currency wallet and platform with about 20 million customers, to turn over customer information. Driving the IRS’...

March 14, 2018

IRS FBAR Amnesty is coming to an end.

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