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IRS

An IRS commissioner at last?

by Erika Beras
Sep 10, 2018
After months of waiting, Charles Rettig could be confirmed this week as Internal Revenue Service commissioner. It’s been nearly a year since the Trump administration passed the sweeping tax overhaul. If Rettig is confirmed, he will have his work cut out for him. The agency is underfunded, undermanned and overburdened. And the countdown clock to April […]
Charles Rettig, U.S. President Donald Trump's nominee to be Commissioner of the Internal Revenue Service, testifies during his confirmation hearing before the Senate Finance Committee on Capitol Hill June 28, 2018 in Washington, DC. Rettig is a prominent tax attorney based in Los Angeles. 
Aaron P. Bernstein/Getty Images
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IRS warns taxpayers to check on their withholding

by Marielle Segarra
Sep 10, 2018
The U.S. just underwent its most significant tax overhaul in a generation. Which means it's time to check on your paycheck — and whether your company is withholding enough in taxes.
The overworked IRS is grappling with the disbursement of child tax credit payments, reporter Chabeli Carrazana says.
Jim Watson/AFP via Getty Images
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Everyone gets another day to file their taxes after IRS site outage

by Marketplace Staff and Associated Press
Apr 17, 2018
The e-filing site was down much of the day Tuesday.
IRS data show that more than 90 percent of Americans agree that paying taxes is a civic duty.
Joe Raedle/Getty Images
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Trying to squeeze through the pass-through loophole

by Nancy Marshall-Genzer
Apr 5, 2018
Small businesses known as pass-throughs get a new deduction under the tax bill.
The deadline for filing taxes is approaching, but some people are already thinking the 2018 tax year.
Joe Raedle/Getty Images
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So you purchased and sold some bitcoin. Are you going to have to pay taxes?

by Marketplace Staff
Mar 30, 2018
The taxman cometh.
Dan Kitwood/Getty Images
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Fewer audits, more cheaters are likely this tax season

by Mitchell Hartman
Mar 30, 2018
Tax-filing day is almost here, and taxpayers know they’re unlikely to be audited. The IRS doesn’t have enough employees or resources to come after all the cheats. Click the audio player above to hear the full story. 
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The turf war over taxes

by Ryan Kailath
Feb 20, 2018
New polling shows that public sentiment is growing more favorable toward the recent tax law. Maybe chalk that up to the little extra money many people are seeing in their paychecks as a result of new tax brackets. But in Washington, D.C., there’s still a fight going on about the new tax code — specifically, […]
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IRS launches online tax calculator for 2018

by Kimberly Adams
Feb 19, 2018
The Internal Revenue Service is trying to help tax filers prepare for next year. In the light of the recent tax overhaul, it’s launching its new withholding calculator that will help people check if they are having too much or too little held back from their paychecks for taxes.  Click the audio player above for […]
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Even for cryptocurrency traders, the taxman cometh

by Ryan Kailath
Feb 15, 2018
As more people invest in cryptocurrency, will they report gains or losses to the IRS? One tax preparer says only a fraction of tax filers have reported cryptocurrency investments so far. How much money could the IRS be missing out on? And what should cryptocurrency traders be aware of when it comes to possible tax […]
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Thanks to Equifax, the risk of fraud is higher this tax season

by Reema Khrais
Jan 29, 2018
If someone claiming to be from the IRS gives you a call, go ahead and hang up.
It's that time of year again ... tax time.
Justin Sullivan/Getty Images
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