Phil Anderson found out his social security number was switched with his late daughter’s, and the government had labeled him ...

Roger Ver grew up in Silicon Valley, founding a computer company called MemoryDealers at the precocious age of 19. He also ...

Non-US financial accounts are reported on FBAR. Penalties can be severe but it is often more difficult for IRS to enforce ...

If taxation is necessary to fund the government's prescribed roles, it could at least be done in a way that preserves the ...

Sandra D. Mondaine, who worked as an IRS contact representative before retiring, entered her plea to aiding and abetting the ...

Any gift above $19,000 in 2025, however, must be reported to the IRS by the person making the gift. Example A: A single ...

By operating a fraudulent tax shelter, documents show the defendants caused a tax loss to the IRS of more than $22 million.

With more than $1 billion hauled from the richest delinquents this year, the tax agency is gearing up to expand its ...

The Internal Revenue Service recently announced 2025 dollar limits for qualified retirement plans (including 401(k) plans), deferred ...

KANSAS CITY, Mo. — A former IRS employee from Grandview, Missouri pleaded guilty in federal court Wednesday to preparing ...

The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend. Last ...

The IRS increased employee contribution limits for 2025 for 401(k)s, FSAs, HSAs and HDHPs. Here's an overview for HR.