UK Finance Minister Jeremy Hunt plans to eliminate the "non-dom" status in the UK, aiming for a fairer, more competitive global tax system.
Tags: IRS
IRS Scrambles to Address Huge Gap in Audit Rates Between Black, Other Taxpayers
The Internal Revenue Service (IRS) announced that it has implemented measures to tackle the significant discrepancy in audit rates between different groups of taxpayers.
IRS Set to Increase Audit Rates for Wealthy Taxpayers, Large Corporations, Business Partnerships
The audit rate for large corporations with assets exceeding $250 million is expected to almost triple, rising from 8.8% in 2019 to an estimated 22.6% by 2026.
Unclaimed Tax Refunds: IRS Still Holds Over $1 Billion in Payments; Here’s How to Claim Yours Before May 17 Expiration
There is only a short period of chance for Americans to secure their tax refunds before they disappear from the records of the Internal Revenue Service (IRS).
How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
Here's what to do to determine whether or not you have any unclaimed payments from the IRS that are still pending and how you will claim them.
Latest News
The IRS assures a quick disbursement of the child tax credit as the Tax Relief for American Families and Workers Act of 2024 bill awaits Senate approval.
To improve tax compliance and ensure fairness, the Internal Revenue Service (IRS) is going after 125,000 people who earned over $400,000 annually but did not file tax returns between 2017 and 2021.
IRS introduces Direct File, a free tax filing program for Tax Season 2024, available in 12 states. Simplifies the process and supports basic deductions and credits.
The IRS Commissioner Daniel Werfel promises rapid implementation of the new 2024 Tax Relief Act and eligibility mirroring existing guidelines.
The Internal Revenue Service (IRS) has launched a "voluntary disclosure program" for businesses that improperly claimed a pandemic-era tax credit and want to return the money.
The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.
The annual inflation adjustments for a number of provisions for the year 2017 including tax rate schedules, tax tables, and cost-of-living adjustment for particular tax items have been announced by the Internal Revenue Service (IRS).
The suspected Pakistani hackers have allegedly taken down the official website of Indian Revenue Service (IRS). The website of Income-Tax (I-T) Department, a part of IRS, was down on early Saturday (6 February) and the site is still offline.
Tax identity theft to conduct further fraudulence in claiming fake tax returns. Many identity thefts related fraud claims have been detected in 2015. The fraud efforts have prompted IRS to reshape fraud prevention measures. Though the new measures are invisible to taxpayers, but they too feel the unprecedented cooperation from IRS.
