Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEO
Read full article: Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEOFrank Bisignano has been named CEO of the IRS, adding to his role as Social Security Administration Commissioner.
After cost-cutting blitz, Trump administration rehires hundreds of laid-off employees
Read full article: After cost-cutting blitz, Trump administration rehires hundreds of laid-off employeesHundreds of laid-off federal employees who managed government workspaces are being called back to their jobs as the Trump administration walks back plans to slash its real estate portfolio.
Trump removes Billy Long as IRS commissioner, giving him the shortest-ever tenure in the role
Read full article: Trump removes Billy Long as IRS commissioner, giving him the shortest-ever tenure in the rolePresident Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation.
A surprise IRS move on political endorsements leaves faith leaders and legal experts divided
Read full article: A surprise IRS move on political endorsements leaves faith leaders and legal experts dividedA surprise move by the IRS that would allow pastors to back political candidates from the pulpit without losing their organization’s tax-exempt status is drawing praise from conservatives and even some progressive religious groups but concern from other leaders of faith, along with tax and legal experts.
IRS nominee who sponsored legislation to abolish the agency faces pointed questions
Read full article: IRS nominee who sponsored legislation to abolish the agency faces pointed questionsA former congressman who sponsored legislation to abolish the IRS and is now the nominee to lead that agency has faced pointed questions from senators.
This Midwestern city has long been a federal hub. The pain from DOGE’s cuts is everywhere
Read full article: This Midwestern city has long been a federal hub. The pain from DOGE’s cuts is everywhereThe Kansas City, Missouri, metropolitan area has long been a regional hub for the federal government, and the pain from the Trump administration's cuts can be seen everywhere.
IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the job
Read full article: IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the jobAn IRS agent who testified publicly about investigations into Hunter Biden's taxes and was promoted to be acting IRS commissioner is out of the job just days after he got it.
IRS agent who investigated Hunter Biden expected to be named IRS acting chief
Read full article: IRS agent who investigated Hunter Biden expected to be named IRS acting chiefAn IRS whistleblower who testified publicly about investigations into Hunter Biden’s taxes is expected to be promoted to IRS acting commissioner, two sources familiar with the plan tell The Associated Press.
Getting the IRS on the phone is more difficult this tax filing season, experts say
Read full article: Getting the IRS on the phone is more difficult this tax filing season, experts sayTaxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get someone on the phone.
IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources say
Read full article: IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources sayThe IRS plans to cut as many as 20,000 staffers as part of layoffs that began Friday.
The number of Americans filing for jobless benefits falls as labor market remains sturdy
Read full article: The number of Americans filing for jobless benefits falls as labor market remains sturdyApplications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.
IRS workers involved in 2025 tax season can't take buyout until after the taxpayer filing deadline
Read full article: IRS workers involved in 2025 tax season can't take buyout until after the taxpayer filing deadlineIRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until after the taxpayer filing deadline.
Elon Musk creates confusion about IRS' Direct File — but the free tax program is still available
Read full article: Elon Musk creates confusion about IRS' Direct File — but the free tax program is still availableBillionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked on technology projects such as the IRS's Direct File program.
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
Read full article: Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cutsThe U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
Morning 4: Tax season begins Monday: How to file taxes online for free if you made $84K or less -- and other news
Read full article: Morning 4: Tax season begins Monday: How to file taxes online for free if you made $84K or less -- and other newsMorning 4 is a quick roundup of stories we think you should know about to start your day.
Morning 4: Detroit Lions expect key reinforcements back for NFL Divisional Round vs. Commanders -- and other news
Read full article: Morning 4: Detroit Lions expect key reinforcements back for NFL Divisional Round vs. Commanders -- and other newsMorning 4 is a quick roundup of stories we think you should know about to start your day.
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
Read full article: A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.
Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers
Read full article: Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgersThe IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law in 2022.
Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
Read full article: Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago towerA report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper.
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Read full article: IRS acts to address wide disparity in audit rates between Black taxpayers and other filersThe IRS says it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers.
How freelancers can prepare for changing tax requirements
Read full article: How freelancers can prepare for changing tax requirementsIf you’re a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.
State to start mailing big checks to low income working residents in Michigan
Read full article: State to start mailing big checks to low income working residents in MichiganAs poverty-fighting tools go, the Earned Income Tax Credit earns bi-partisan support because it provides sizable cash injections to low-income Michigan residents (particularly those with children) working for a living.
Janet Yellen is heading to Mexico after Treasury launches a new fentanyl trafficking strike force
Read full article: Janet Yellen is heading to Mexico after Treasury launches a new fentanyl trafficking strike forceTreasury Secretary Janet Yellen is heading to Mexico this week, a trip announced shortly after her agency created a new strike force to help combat illicit fentanyl trafficking.
Treasury's Yellen calls Republican effort to cut IRS funding for Israel 'damaging and irresponsible'
Read full article: Treasury's Yellen calls Republican effort to cut IRS funding for Israel 'damaging and irresponsible'The IRS commissioner says for the agency to keep building on its customer service and enforcement priorities it needs a reliable funding stream.
Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns
Read full article: Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returnsCongressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system.
House Republicans subpoena IRS and FBI agents involved in Hunter Biden case
Read full article: House Republicans subpoena IRS and FBI agents involved in Hunter Biden caseHouse Republicans have subpoenaed several FBI and IRS agents involved in the federal investigation into Joe Biden’s son Hunter Biden.
IRS whistleblowers air claims to Congress about 'slow-walking' of the Hunter Biden case
Read full article: IRS whistleblowers air claims to Congress about 'slow-walking' of the Hunter Biden caseHouse Republicans are raising unsubstantiated allegations against President Joe Biden over his family’s finances.
3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say
Read full article: 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers saySome congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years.
GOP releases testimony of whistleblowers claiming interference in Hunter Biden case
Read full article: GOP releases testimony of whistleblowers claiming interference in Hunter Biden caseHouse Republicans have released testimony from two IRS whistleblowers who allege that the Justice Department interfered with their yearslong investigation into President Joe Biden’s son, Hunter.
Feds demand sale of media mogul’s Bloomfield Hills mansion
Read full article: Feds demand sale of media mogul’s Bloomfield Hills mansionA Bloomfield Hills mansion could soon be the property of the feds, who claim the owner owes millions in unpaid taxes. The homeowner is a familiar name for anyone involved in Metro Detroit media.
IRS agent alleges Hunter Biden probe is being mishandled
Read full article: IRS agent alleges Hunter Biden probe is being mishandledAn IRS special agent is seeking whistleblower protection to disclose information regarding what the agent contends is mishandling of an investigation into President Joe Biden’s son, Hunter Biden.
New push on US-run free electronic tax-filing system for all
Read full article: New push on US-run free electronic tax-filing system for allIt’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline, and many often pay to use software from private companies such as Intuit and H&R Block.
New IRS leader promises faster, easier tax filing process
Read full article: New IRS leader promises faster, easier tax filing processThe Internal Revenue Service’s new commissioner promises that with billions in new funding, the agency will be faster, more service-focused and tech- savvy and will provide “real-world improvements” to taxpayers.
You’ve filed your taxes -- now, what should you do with those documents?
Read full article: You’ve filed your taxes -- now, what should you do with those documents?If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?
Metro Detroit law firms’ privacy battle against the IRS heads to US Supreme Court
Read full article: Metro Detroit law firms’ privacy battle against the IRS heads to US Supreme CourtA tax battle is going to the United States Supreme Court as a Metro Detroit law firm called it a fight over the right to privacy, and they're taking on the IRS.
You can file your federal taxes online for free if you made $73K or less
Read full article: You can file your federal taxes online for free if you made $73K or lessIf your adjusted gross income (AGI) was $73,000 or less, you can use one of the Free File IRS partner offers to file a free federal tax return. Some of the programs offer free state returns too.
Tax dispute over incentive program has Troy volunteer firefighters fighting for their benefits
Read full article: Tax dispute over incentive program has Troy volunteer firefighters fighting for their benefitsBecoming a volunteer firefighter has gotten a little harder in the city of Troy after the IRS officially ruled the incentive program for the department is not an actual length of service award plan. It’s been an ongoing tax dispute for several years now.
EXPLAINER: What's the debate over releasing Trump's taxes?
Read full article: EXPLAINER: What's the debate over releasing Trump's taxes?Now that the Democratic-controlled House Ways and Means Committee has voted to release former President Donald Trump’s tax returns, there's the potential of additional revelations in the coming days related to the finances of the longtime businessman.
IRS, Better Business Bureau issue warning as holiday charity scams rise across Metro Detroit
Read full article: IRS, Better Business Bureau issue warning as holiday charity scams rise across Metro DetroitFake charitable organizations are working to rip you off this holiday season, which is why the Detroit IRS investigators and the Better Business Bureau have issued a new warning.
Oakland County attorney found not guilty after client accused him of stealing $6.5 million
Read full article: Oakland County attorney found not guilty after client accused him of stealing $6.5 millionA tax attorney from Oakland County who was accused of wiring $6.5 million of his client’s money to a Swiss bank account has been found not guilty of all charges.
Truck driver from Allen Park accused of setting fires during travels across the country
Read full article: Truck driver from Allen Park accused of setting fires during travels across the countryThe feds say a truck driver from Allen Park who drove all across the country set fires along the way, causing millions of dollars of damage in an attempt for revenge.
IRS gets $15M to find out if it can create online tax return system so Americans can file for free
Read full article: IRS gets $15M to find out if it can create online tax return system so Americans can file for freeThe Inflation Reduction Act provides $15 million for the IRS to study how it could create a program that allows Americans to file their taxes for free.
Yellen tells IRS to develop modernization plan in 6 months
Read full article: Yellen tells IRS to develop modernization plan in 6 monthsTreasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.
Oakland County attorney took $6.5M from client, told her he used it to settle IRS issue, feds say
Read full article: Oakland County attorney took $6.5M from client, told her he used it to settle IRS issue, feds sayA tax attorney from Oakland County was hired by a business owner to help her settle an IRS investigation, but he convinced her she owed $6.5 million more than she actually did so he could put that money in his own Swiss bank account, federal officials said.
Prosecutors open investigation into whether Kwame Kilpatrick is paying $1.7 he owes Detroit, IRS
Read full article: Prosecutors open investigation into whether Kwame Kilpatrick is paying $1.7 he owes Detroit, IRSFormer Detroit Mayor Kwame Kilpatrick’s name is back on a federal court docket after prosecutors opened an investigation into whether he’s been paying the nearly $2 million he owes to the city and the IRS.
5 situations in which pets can be used for tax breaks
Read full article: 5 situations in which pets can be used for tax breaksFor those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.
IRS unit gets no funds to enforce sanctions on rich Russians
Read full article: IRS unit gets no funds to enforce sanctions on rich RussiansThe IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.
Quiz: How much do you know about income tax?
Read full article: Quiz: How much do you know about income tax?You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?
Dearborn husband, wife declare false bankruptcy, evade taxes, wrongly receive food stamps, feds say
Read full article: Dearborn husband, wife declare false bankruptcy, evade taxes, wrongly receive food stamps, feds sayA Dearborn husband and wife have been charged by federal officials for declaring a false bankruptcy, wrongly receiving food stamps and evading taxes, authorities said.
Traded cryptocurrency in 2021? Here's how to approach taxes
Read full article: Traded cryptocurrency in 2021? Here's how to approach taxesAlternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events.