Former Portage Mayor James Snyder was sentenced to three years probation Tuesday, his 48th birthday, on his federal conviction for obstructing the IRS. U.S. District Court Northern District of Indiana Chief Judge Holly Brady read the sentencing and said she reached the decision based on many factors, including Snyder being “embroiled in this case” for…
Lawmakers say that more than 800,000 taxpayers could receive CP53E notices tied to the phaseout of paper checks, potentially delaying some refunds for over 10 weeks. Congressional Democrats are raising questions about IRS notices being sent to hundreds of thousands of taxpayers whose refunds have been delayed because the agency is moving away from issuing…
The IRS’s Office of Fraud Enforcement, launched shortly before the Covid-19 pandemic in 2020, is being revived to reduce the approximately $700 billion tax gap, or the difference between the true tax liability for a tax year and the amount that is paid on time. Taxpayers who may have committed fraud can take steps to reduce their risk…
WASHINGTON (AP) — The head of the IRS largely declined to answer questions about recent unlawful disclosures of taxpayer data when he was questioned by lawmakers at a congressional hearing on Wednesday, saying they happened before his tenure began. READ MORE
The IRS is also sending clear warnings to people who used payment apps like PayPal, Venmo or Cash App, as well as guidance on a surprise $1,776 payment that many families received. Some changes are meant to prevent fraud, while others are designed to clarify tax rules. But if you are not prepared, they could…
Many student loan borrowers who get their debt forgiven in 2026 can expect a hefty tax bill next year. That’s because a law that shielded the relief from taxation at the federal level — part of the American Rescue Plan Act of 2021 — expired in December. READ MORE
After shedding more than a quarter of its employees last year, the IRS is looking for opportunities to eliminate and consolidate office space. Before the Trump administration, the IRS workforce had about 100,000 employees, but now has fewer than 75,000 full-time staff. Most employees either accepted voluntary separation incentives or retired. READ MORE
Holly Paz, a former top tax compliance leader at the IRS, reached an agreement with the agency this week after she sued over the leak of her employment data to media outlets. Paz is no longer employed by the IRS, according to a person familiar with the situation. She filed a voluntary dismissal of the…
The IRS is reminding taxpayers that if their 2025 tax return claims either the Earned Income Tax Credit or the Additional Child Tax Credit, it could be subject to delays. That’s because of a provision that prevents the IRS from issuing any refunds tied to those claims until after mid-February, no matter when you file…
Americans are expecting hundreds of billions in tax refunds this year, with the average refund expected to be about $3,800 for the 2026 tax season, according to recent reports. And, with millions of people carrying record levels of debt right now — household debt now exceeds $18.5 trillion — the tax refunds issued by the…
