Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON — In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service cautioned taxpayers of scammers who ...

The IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits remains ongoing. And taxpayers who receive notices that they need to verify their identity must pay ...

The Internal Revenue Service doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them, according to a new report. Processing ...

The IRS expects taxpayers to keep the original documentation for capital assets, such as real estate and investments. It uses these documents, along with third-party records, bank statements and ...

When you receive a Notice 5071C, it means that the IRS has received a federal income tax return filed using your Social Security number (SSN) or individual tax identification number (ITIN). Before the ...

A woman sits at her dining room table with laptop and financial reports doing her monthly budget. She is smiling at the ease of use as she works on her smart phone banking app to do monthly finances, ...

If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get your tax refund? Does the audit automatically stop it? The answer depends on ...

A trio of Democrats on Capitol Hill think that the IRS requirements for identity verification in the Direct File program “created serious access barriers” to filing taxes using the service. Sens.