Tag: irs
By the Numbers: IRS Funding
A look at the numbers behind the funding boost for the IRS in recent legislation and measures to combat our major issues. ABC News Live…
IRS audit controversy
Calls for the head of the IRS to step down are growing after a report revealed two former top FBI officials were subject to invasive…
How to file for a tax extension
Filing for an extension does not give you more time to pay, only more time to file paperwork. source
By the Numbers: Tax day | ABCNL
Individual income tax returns are due Monday, as the IRS still works to clear a backlog of unprocessed returns from 2021. ABC News Live Prime,…
By the Numbers: Top income earners and their taxes l ABCNL
A ProPublica report details the 400 top earners from 2013 to 2018 based on new IRS data, and how many of them paid lower tax…
IRS ends use of facial recognition technology
The agency will no longer use facial recognition technology as an account verification method due to privacy concerns. source
Shutdown concerns grow as more IRS employees skip work
Plus, federal workers who will miss their second paycheck will now have to pay their dental and vision insurance premiums out of pocket. WATCH FULL…
IRS responds to outrage over smaller tax refunds
The average refund is down 8.4 percent, or about $170, from last year, but about 80 percent of Americans received a tax cut and savings…
IRS facing backlog of more than 5 million pieces of mail: Internal audit
Many taxpayers have complained that they are seeing smaller tax refunds this year and the IRS says the average refund is down 8.4 percent. WATCH…
Inside the IRS leak that revealed billionaires’ tax avoidance strategies
ProPublica journalists obtained files showing many of the nation’s wealthiest people routinely avoid paying income tax. SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/…
Many of America’s wealthiest pay little to no income tax | WNT
ProPublica reported that the richest 25 Americans legally pay less in income tax than most American workers. The IRS is investigating how the publication obtained…
Fauci, Biden urge COVID-19 vaccinations as delta variant now dominant in UK | ABC News
A new dangerous COVID-19 variant spreading among young people across the country and abroad has health officials concerned. Plus, a new ProPublica report finds that…
‘We don’t have a requirement that presidents’ release tax returns: Jay Sekulow
On “This Week,” George Stephanopoulos interviews Trump legal team member Jay Sekulow about the Democrats’ push for the president’s tax returns and the full Mueller…
House Democrats ask the IRS for Trump’s tax returns
The Democratic Party sent a letter the Internal Revenue Service, requesting six years’ worth of the U.S. president’s tax returns. SUBSCRIBE to ABC NEWS: https://www.youtube.com/ABCNews/…
Trump racked up $1.1B in losses from 1985 to 1994: New York Times
The newspaper did not review the president’s actual tax returns, but says it saw official IRS documents. source
Inside IRS Forensic Crime Lab | NBC Nightly News
NBC News’ Tom Costello gets an exclusive look inside the IRS Forensic Crime Lab, where investigators are focused on finding and arresting tax cheats. »…
Pandemic sparks labor crisis
Unemployment programs are struggling to keep up with a massive 22 million person surge in joblessness in recent weeks as stimulus package funds begin to…
Trump claims he paid ‘millions of dollars’ in taxes, amid debate over NYT story
WATCH THE FULL DEBATE: https://bit.ly/30m73sT As a response to the New York Times report, President Donald Trump claimed he paid millions of dollars in taxes…
It’s MURDA! – 1300hp Record Holding IS300
It’s not everyday we run into a Twitch.tv celebrity at an event, but it definitely makes things more entertaining with a well versed personality added…