The IRS is warning that thousands of taxpayers may be facing jail time if they’re found to have filed false returns for artificially high refunds. The agency on Tuesday issued an alert saying that thousands of taxpayers fell victim to tax scams and inaccurate social media advice leading to inflated refund claims. Most often, taxpayers […]
Tag: irs
IRS to ramp up audits in next 3 years
The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury’s coffers. But not every group of taxpayers will face more scrutiny, according to IRS commissioner Danny Werfel. The IRS has been bolstered by $80 billion in new funding […]
Hunter Biden sues the IRS citing privacy issues
Hunter Biden has filed a lawsuit against the Internal Revenue Service, arguing that two agents violated his right to privacy when they publicly aired his tax information as they pressed claims that a federal investigation of him had been improperly handled. The lawsuit filed Monday says that his personal tax details shared during congressional hearings […]
IRS to stop making visits to taxpayers’ homes
The Internal Revenue Service will largely diminish the amount of unannounced visits it makes to homes and businesses, citing safety concerns for its officers and the risk of scammers posing as agency employees, it announced Monday. Typically, IRS officers had done these door visits to collect unpaid taxes and unfiled tax returns. But effective immediately, […]
IRS Whistleblower says “Hunter Biden investigation mishandled”
Lawmakers on Capitol Hill are calling for the Biden administration to be held accountable for “blocking” Congress and the public from learning more about Biden family members’ business deals with China. The congressional outcries come as a whistleblower within the Internal Revenue Service alleges an investigation into Hunter Biden is being mishandled by the Biden […]
House Republicans to vote on bill abolishing IRS
Republicans in the House of Representatives will vote on a bill that would abolish the Internal Revenue Service (IRS), eliminate the national income tax, and replace it with a national consumption tax. Fox News Digital has learned that the House will be voting on Georgia Republican Rep. Buddy Carter’s reintroduced Fair Tax Act that aims […]
Democrats’ say A bigger IRS will be a better IRS
A newly empowered Internal Revenue Service is one of the keys to the sweeping climate, health care and tax bill. The bill, known as the Inflation Reduction Act, will put $80 billion toward beefing up the IRS, in line with liberals’ long-term goals to strengthen tax collection and enforcement on corporations and high-income earners, while […]
Biden’s IRS is making massive purchases of bulk ammunition
Biden’s IRS is buying up ammunition in bulk. On Saturday, Florida Representative Matt Gaetz told Breitbart that the government entity had spent $700,00 purchasing ammo “between March and June 1.” This poses the obvious question — why? Agents in the IRS Criminal Investigation department (CI) are armed with weapons and therefore need ammo. That being […]
DOJ Orders IRS To Release Trump Tax Returns To Congress
The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday, Justice’s Office of Legal Counsel said the committee chairman “has invoked sufficient reasons for requesting the former […]
Trump Foundation Admits To Financial Improprieties
President-elect Donald Trump’s charitable foundation engaged in self-dealing in 2015 and prior years, the foundation said in an Internal Revenue Service filing. That self-dealing, which typically triggers additional taxes for anyone who got improper benefits, resulted from payments to “disqualified persons,” or foundation insiders, according to the document. The document, which was the foundation’s tax […]
Mail Fraud: Scammers Posing as IRS via USPS
Criminals are constantly finding new ways to con Americans out of money, and the latest attempt involves thieves claiming to be from the IRS. And while IRS scams have been around for years, fraudsters are carrying them out in new and different ways every day — so it’s crucial for consumers to stay up to date on how to […]