IRS

Users of Venmo, Cash App and other payment apps will get a bit of a tax reprieve this year.

The IRS commissioner says for the agency to keep building on its customer service and enforcement priorities it needs a reliable funding stream.

House Republicans went after the IRS when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget.

Fans who sold tickets for over $600 could be audited by the IRS if they don’t report any of the profits, according to Florida Chief Financial Officer Jimmy Patronis.

Congressional 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 have subpoenaed several FBI and IRS agents involved in the federal investigation into Joe Biden’s son Hunter Biden.

In 2021, the IRS received a whopping 5.4 million business applications — an all-time high since the U.S. government began tracking this data in 2004.

A Central Florida woman was sentenced to 12 months in prison for wire fraud “part of a scheme to defraud the Paycheck Protection Program (PPP) out of loan proceeds,” according to a news release.

U.S. Attorney for the Middle District of Florida Roger Handberg hosted special agents of the Drug Enforcement Administration and Internal Revenue Service in Orlando for a Thursday news conference to announce the takedown of members in a yearslong, California-sourced drug trafficking conspiracy.

House Republicans are raising unsubstantiated allegations against President Joe Biden over his family’s finances.

Florida Chief Financial Officer Jimmy Patronis announced on Thursday the launch of the Florida IRS Transparency Portal, which is meant to help state officials track possible discrimination by the IRS.

Some 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.

The Internal Revenue Service told News 6 the Taxpayer Assistance Center in Maitland, FL, has moved to 201 South Orange Ave. in Orlando, FL 32801.

Corie Murray interviews Anthony Simmons.

An 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.

With the 2023 tax deadline upon us, the IRS and tax assistance imposters are connecting with residents across the state with the help of scripted robocalls.

If you receive payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change next year.

The IRS says it has answered 2 million more calls this tax filing season than a year ago, with the average phone wait time now at four minutes.

It’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.

The deadline to file your taxes has arrived.

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The 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.

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?

Willie Nelson owed millions in taxes, so the IRS came up with an idea to help.

Events run from 9 a.m. to 4 p.m. on March 11.

Since Russia invaded Ukraine a year ago, U.S. companies, nonprofits and individuals have responded with donations, including of equipment like bulletproof vests and drones.

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

The IRS says most relief checks issued by states last year won't be subject to federal taxes, providing late guidance as taxpayers have begun filing returns.

It’s tax season and the Internal Revenue Service is offering people a chance to get face-to-face tax help on some upcoming Saturdays.

Tax season is here again.

House Republicans have began their tenure in the majority by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS.

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.

The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency.

An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.

A congressional panel says the IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency.

Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation.

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges.

Social media users shared a range of false claims this week.

Treasury 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.

President Joe Biden has signed Democrats’ landmark climate change and health care bill.

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

Monday is Tax Day, the federal deadline for individual tax filings and payments.

Millions of Americans wait until the last minute to file their taxes, and this year is no exception.

The IRS Criminal Investigations Division reported a staggering $2.19 billion dollars in tax fraud with an 89.4% conviction rate, according to its 2021 annual report.

This is the latest edition of the Make Ends Meet newsletter.

For 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.

The IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.

The IRS has set up special hours at its taxpayer assistance center in Maitland with no appointment required.

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?

Congress is racing to pass a mammoth $1.5 trillion legislative package that would fund the government for the rest of the year.

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

The IRS will begin offering limited Saturday walk-in help for taxpayers this tax season.

Alternative 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.

The White House and Treasury Department launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due.

U.S. taxpayers, brace yourselves because tax filing season starts Monday and you can expect the task to be more cumbersome than usual this year.

A bicyclist was severely injured in a crash in Port Orange on Wednesday night, according to police.

The Florida Highway Patrol issued a warning for Marion County drivers Wednesday night regarding wildfire smoke and fog in the area.

Walt Disney World announced the artists that are set to perform at the Garden Rocks Concert Series.

All Universal park employees must be fully vaccinated by Feb. 9.

For those who plan on donating to a charitable organization for Giving Tuesday, there could be some opportunities to receive money back when filing taxes next year.

Some families are still waiting for their September child tax credit payment from the internal revenue service.

Don't focus on the bottom line.

Investigators executed a search warrant at Flagler Tax Service on Sept. 3.

What does Bitcoin have to do with roads and bridges.

A Republican senator who helped negotiate a nearly trillion-dollar bipartisan infrastructure bill says a proposal to strengthen IRS enforcement to raise money to help pay for the bill's spending is officially off the table.

Vice President Kamala Harris is visiting a child care center to highlight the Biden administration’s efforts to expand child care and relieve the financial pressures of parenthood.

Republicans in Congress are alarmed by the leak of confidential IRS data to ProPublica that has enabled the investigative news organization to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle.

More than 89,000 Floridians may be due a 2017 income tax refund, according to the IRS.

If you already anticipate needing some extra time to file your federal tax return, there’s some good news. You can always file for an extension.

ORLANDO, Fla. – The purchases of face masks and personal protective equipment to help prevent the spread of the coronavirus will be tax-deductible, according to the IRS. These items will fall under deductible medical expenses. The IRS said the purchases must be itemized. This has to be attached to your tax return, according to the IRS. The IRS has set up this questionnaire to help you determine if a purchase you have made is tax-deductible.

Some 90 million Americans woke up Wednesday to their third stimulus payments deposited in their bank accounts. [TRENDING: DeSantis: Contact tracing doesn’t work | How to track your stimulus payment | Fla. closer to ban for transgender female athletes]First, check the IRS’s Get My Payment tool. The IRS urges you to file your 2020 taxes to get the money. Other reasons you may not have received your payment or the full amount you expected? Once you do file taxes, the IRS says it will give you your owed money.

The IRS plans to delay the tax filing deadline until May 17, according to an official. Along with @IRSnews, we’re announcing today that the federal income tax filing due date for the 2020 tax year will be automatically extended fromApril 15, 2021, to May 17, 2021. AdThe service is still processing millions 2020 tax returns. But keep in mind, even if the IRS gives you more time, state taxes in most cases are still due by April 15. If you’re filing in Hawaii, Delaware, Iowa, Virginia, Louisiana, or Maryland, you have more time for state taxes as well.

How to track your stimulus paymentThe first batch of stimulus payments has gone out. About 90 million payments have been disbursed so far. In all, about $242 billion has been paid. AdIndividuals earning under $75,000 and married couples making less than $150,000 get the full amount of $1,400 each. You can check the status of your payment by clicking or tapping here.

Even for those of us who think we have some knowledge about anything tax related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

The American Rescue Plan Act of 2021, the third coronavirus relief bill since the pandemic hit a year ago, passed on Wednesday by a vote of 220 to 211. How do I know if I quality for the American Rescue Plan stimulus check? Will I get a $1,400 check? Third Stimulus Check Calculator - American Rescue PlanWho won’t get a $1,400 check? AdYou should automatically qualify to receive a third stimulus check, most notably if you received a first and second round of payments.

Even if we think we have some knowledge about anything tax-related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

Tax season can be a reason to laugh, as these famous TV episodes showed.

Scott Applewhite)A third coronavirus relief package passed in the U.S. Senate over the weekend and soon the House will vote on the $1.9 trillion bill which would provide another round of checks for most Americans. The House is set to vote on the coronavirus relief bill Wednesday morning. Under the Senate bill, the cash payment would phase out for singles with incomes above at $80,000 and for married couples, it stops at $160,000. Following that final step, the IRS would then began the process of sending out up to $2,800 checks to households who qualify under the new relief bill. In December, following former President Donald Trump’s signing of the second relief bill checks began arriving in bank accounts two days later.

A common aspect of the COVID-19 pandemic over the past two or so years has been more employees working remotely, but that doesn’t necessarily mean all those people were working from their homes.

Tax season is busier than usual for professional athletes and the people they put in charge of their taxes.

These 10 celebrities found out the hard way not to mess with the IRS.

Are you knee-deep in receipts, 1099 forms and W2s? Or are you all done?

When it comes to tax write-offs, many people will stretch the limits to see what they can get away with.

It is easy to put off doing your taxes until the last minute. No one likes to deal with the IRS, and sometimes, procrastination happens as a result.

This is how to get your missing stimulus moneyThe Internal Revenue Service says it has sent out all 147 million checks from the December stimulus package. The IRS was required to issue the $600 payments by mid-January so it could move on to processing this year’s tax returns. AdIn total, about $142 billion was sent out to help Americans. Congress is considering a third round of payments. Lawmakers hope to get that legislation passed by mid-March.

Regardless of whether you’ve paid someone for help or tried to do it on your own, even just gathering all the data you need for filing your federal income taxes can seem daunting.

Karen Pickelsimer has been waiting since Feb. 20, 2020 for last year’s income tax refund that includes the $3,394 she is owed. It turns out Karen Pickelsimer is one of millions of American taxpayers still waiting for a 2019 tax return. There is nothing else taxpayers can do to speed up the 2019 returns, Castro said. Claimants may report Reemployment Assistance fraud online by completing the form, which can be found here. For more information about Reemployment Assistance tax forms visit our website here.

The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. (AP Photo/Eric Gay)The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. A number of tax preparation companies said that they were able to resolve the issues. The IRS said Tuesday that it worked over the weekend to help a smaller set of impacted taxpayers and is reissuing payments for eligible taxpayers whose accounts may have been closed. No action is needed for most eligible taxpayers to get the payment.

South Floridians not sure how much $600 stimulus checks will helpWhile $600 coronavirus stimulus payments have started hitting bank accounts across the nation, many won’t be receiving checks or direct deposits this time around. The IRS has created a Get My Payment tool for qualifying Americans to see when their money is coming. “If (Get My Payment tool) shows ‘Payment Status #2 – Not Available,’ then you will not receive a second Economic Impact Payment and instead you need to claim the Recovery Rebate Credit on your 2020 Tax Return,” the statement read. “We are happy to share that stimulus payments will begin to be deposited starting January 8th. Your payment will be deposited into the same bank account that you received your 2019 tax refund,” the statement said.

The U.S. Treasury and IRS have sent out the bulk of the second economic impact payments, which are intended to provide some relief to Americans. However, frustration is high among millions of people who did not receive payments yet and must wait for the mail or file their taxes before they receive it. If you are eligible, check the IRS Get My Payment tool on its website to find out the status of you payment. However, some people may find that they get their payment in a different form this time than last. If you get the “Payment Status #2 – Not Available” message, then you will not receive the payment and instead need to claim it on your tax return.

A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account, forcing them to wait longer for their money. Some payments are also being sent via paper check or debit cards during the month of January. Taxpayers can use the Get My Payment tool on the IRS website to find out about the status of their payment. However, many people said that they checked the IRS site and found their payments were sent to an account they did not recognize. The IRS has said that there is no action required by eligible individuals to receive this second payment.

Eligible Americans could start seeing their $600 coronavirus stimulus checks deposited into their bank accounts as early as Tuesday night. | Strange Florida: Here’s the proof]Direct deposits are expected to be sent out starting Tuesday night through next week and paper checks will be mailed out starting Wednesday. @USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. The money will be sent in the same way in which you receive your tax refund. To keep up with the latest news on the pandemic, subscribe to News 6′s coronavirus newsletter and go to ClickOrlando.com/coronavirus.

It’s worth noting that unemployment benefits are all subject to federal taxes but not all states tax it. As such, people who did not receive their payment or only got a partial payment can resolve this issue on their 2020 taxes when they file. Another big issue is for those who relocated or moved during the pandemic, which could complicate where they need to report and pay state taxes, Pyron said. Workers may need to file taxes in multiple states. The IRS continues to urge taxpayers to file their taxes online and use other online tools whenever possible.

Earlier this week, the IRS announced the 2021 tax year annual inflation adjustments for more than 60 tax previsions. Those include tax rate schedules and other tax changes. The following are the 2021 tax rates, which will be used when filing taxes in 2022 for the previous year of income. Taxpayers with lower incomes with have lower federal tax rates. Click or tap here to learn about more changes that have come with tax inflation adjustments for tax year 2021.

When JCT staffers disagree with the IRS on a decision, the review is typically kept open until the matter is resolved. Even acknowledging that Trump's taxes were before the panel is verboten. Representatives for the Trump Organization did not respond to messages seeking comment and confirmation that the Joint Tax Committee had reviewed Trump's taxes. Former JCT staffers would not comment on whether they remembered the dispute with Trump, citing confidentiality rules. Neal, the lead force behind a Democratic lawsuit to expose Trump’s taxes, said the Times’ reporting is proof that the documents should be given to Congress.