• Commissioner Jul 26, 2017

    IRS Sees Big Drop in Identity Theft, Stolen Tax Refunds

    The IRS says it is seeing a big drop in the number of tax refunds being stolen by identity thieves after the agency teamed up with tax preparers to fight the problem. IRS Commissioner John Koskinen said Tuesday that the number of victims was nearly cut in half last year, compared to the previous year. At the same time, he...

  • United States Apr 17, 2017

    IRS Using Private Debt Collection Agencies to Chase Down Debts

    The Internal Revenue Service is getting some outside help collecting unpaid taxes, opting to use private companies to tackle a growing backlog of debt, NBC News reported. Four debt collection agencies are being used to round up outstanding payments from taxpayers who have been contacted numerous times, according to an announcement made this month. The agencies won’t use robocalls to...

  • United States Apr 14, 2017

    Deadline for Filing Tax Returns Falls on Tuesday This Year

    Don’t freak out if you haven’t finished your taxes. The IRS is giving you a reprieve until Tuesday. The usual April 15 deadline falls on Saturday this year. That would normally push the deadline to Monday. However, Monday is a holiday in the District of Columbia, so by law, the filing deadline is extended until Tuesday. Monday is Emancipation Day...

  • United States Apr 13, 2017

    Good News, Procrastinators: Tax Deadline Pushed to Tuesday

    The usual April 15 deadline to file for IRS tax forms falls on Saturday this year. That would normally push the deadline to Monday. However, Monday is a holiday in the District of Columbia, so by law, the filing deadline is extended until Tuesday. Monday is Emancipation Day in the District of Columbia. It marks the day in 1862 in...

  • Donald Trump Sep 8, 2016

    House Moving Toward Showdown Over Impeaching IRS Chief

    The House is moving toward a showdown vote this month over whether to impeach IRS chief John Koskinen. But with no chance the Senate would actually remove him from office, Republicans stood divided over the effort’s wisdom in the shadow of this fall’s presidential and congressional elections. With GOP leaders eager to send lawmakers home to defend their seats by...

  • NBC Feb 26, 2016

    IRS Cyberattack Total is More Than Twice Previously Disclosed

    More taxpayer accounts may have been affected by a cyberattack than previously disclosed, NBC News reports. The Internal Revenue Service said Friday that 700,000 households’ tax data may have been compromised, which is approximately 390,000 more than initially reported. According to experts, the stolen accounts may cause an increase in false tax returns. The agency said it will send mailings...

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