When you owe a tax debt, the IRS can seize your property to cover the debt. Available levies include your bank account, seizing assets and wage garnishment.
Ignoring IRS tax liens and tax levies placed on your property could mean you lose it to the government due to your outstanding debts. Here's what to do.
Generally, those who are 73 and have given up working must make withdrawals from traditional IRA, SEP IRA, SIMPLE IRA and ...
The Internal Revenue Service is among the oldest bureaus in U.S. government. The nation’s first income tax was implemented in 1862 to bankroll the Civil War. It’s been a complicated ...
GOP lawmakers are framing the IRS's free direct tax filing system as an example of the "weaponization of government against ...
The IRS reminded account holders, and their beneficiaries, with employer-sponsored retirement plans and IRAs, of the upcoming ...
Republican Representatives have called on President-elect Trump to end the IRS' Direct File program, saying the program is ...
Inflation Reduction Act (the “IRA”) allocated $80 billion in funding to the Internal Revenue Service (“IRS”), much of which ...
A primer on WISPs from the Internal Revenue Service can get practitioners started on setting up this required plans.
The Internal Revenue Service's Criminal Investigation unit identified over $2.1 billion in tax fraud in fiscal year 2024, according to a new report. The financial operations platform's latest release ...
President-elect Donald Trump wants the Internal Revenue Service under new management, and experts say change is coming. The ...
President-elect Donald Trump has named Billy Long, a former Republican congressman from Missouri, to head the Internal ...