News

IRS PLR: Tax Exempt Private Foundation Set-Aside Request Approved (IRC §4942)
The IRS has published a private letter ruling on I.R.C. §4942 regarding a taxpayer’s request for a set-aside for the purpose of building a facility to support local arts and ...
Pacific Daily News12d
$21M in tax refunds now out for error-free tax filings through Feb. 9
This is done to safeguard the taxpayers’ personal information. The Internal Revenue Service Form 8822, which is required for mailing address changes, is available here. DRT continues to receive ...
fingerlakes117d
IRS Deadline Alert: Retirees Must Act by April 1 to Avoid 25% Penalty
Thousands of retirees face a 25% penalty from the IRS if they miss an important deadline coming up ... The amount should appear on Form 5498, usually issued early in the year by your financial ...
Investopedia20d
Form 941: Employer's Quarterly Federal Tax Return
IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...
Forbes23d
The Latest At The IRS: Personnel Changes, More Staff Reductions
WASHINGTON, DC - SEPTEMBER 15: A sign marks the entrance to the U.S. Internal Revenue Service (IRS ... to sign the probationary termination letters that went out, along with former acting ...
Newsweek23d
ICE Could Use IRS Data to Track Undocumented Immigrants
You can contact Billal at [email protected]. Federal immigration authorities may soon gain access to Internal Revenue Service data under a pending agreement that would allow them to verify the ...
Indiatimes24d
Massive taxpayer exodus in the U.S? IRS braces for huge $500 billion revenue hit after DOGE cuts spark taxpayer revolt
The IRS is predicted to see a $500 billion shortfall in revenue as many taxpayers might not file taxes. This is influenced by staff cuts and federal reductions under the Trump administration. The ...
Fox News24d
ICE nearing historic deal with IRS to aid in deportations: report
The Internal Revenue Service (IRS) and U.S. Immigration and Customs Enforcement (ICE) are nearing an agreement that would permit ICE to access taxpayer information to locate illegal immigrants ...
CNN25d
IRS nearing agreement to use its data to help ICE locate undocumented migrants
The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of being in the US illegally, a person familiar with the matter said ...
Gizmodo26d
IRS Might Soon Share Addresses of Undocumented Taxpayers with ICE
The outside of the Internal Revenue Service (IRS) Building in Washington, D.C. © Tasos Katopodis/Getty Images For years, the US Internal Revenue Service has assured ...
ABC News26d
IRS close to finalizing data-sharing agreement with ICE, sources say
The IRS would be able to check names against its confidential databases. The IRS is nearing a data-sharing agreement with U.S. Immigration and Customs Enforcement that would allow immigration ...
Investopedia27d
How to Fill Out a W-9 Form: Request for Taxpayer Identification Number and Certification
PeopleImages.com / Getty Images Form W-9, Request for Taxpayer Identification Number (TIN) and Certification, is an Internal Revenue Service (IRS) tax form that businesses use to collect ...