Charles Rettig

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.

The Internal Revenue Service and the Treasury Department introduced an online tool that enables families to register for monthly payments of the expanded Child Tax Credit.

The disclosure of the personal income and tax data of some of the wealthiest Americans has been referred to additional federal investigators.

The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July.

The IRS will launch the monthly payments just a couple of weeks after its preliminary deadline.

Hundreds of IRS employees are cracking down on syndicated conservation easements, with 28,000 taxpayers under examination.

For some wealthy investors, expanded government crackdowns on land deals are creating financial and legal headaches.

Commissioner Charles Rettig left open the possibility that there may be delays.

The service offered information on how to elect to apply an overpayment on 2020 taxes against Q1 2021 estimated taxes, which are still due on April 15.

The new figure for the tax gap is multiples higher than previous estimates from the federal government.

Douglas O'Donnell will serve as deputy commissioner of services and enforcement, among other changes.

The IRS will automatically process refunds for individuals who paid taxes on their unemployment benefits before Congress passed a law making those payments tax-free, Commissioner Chuck Rettig said.

The Internal Revenue Service posted a Spanish version of its Form 1040 and instructions Tuesday and made available publications and online information in other languages.

Auditors were only able to recoup about 39 percent of the more than $4 billion in unpaid taxes owed by a group of rich taxpayers with an average annual income of nearly $1.6 million.

Just under a month into federal tax filing season, the IRS reported a 32 percent slide in the number of refunds sent out compared with last year, showcasing delays that have spurred Democrats to call for postponing the traditional April 15 deadline.

Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15.

The agency’s commissioner is upbeat, but tax preparers and financial planners worry that this year could be especially chaotic due to the COVID pandemic.

Wage and Investment Division head Ken Corbin will take on the role in addition to his current job.

The Internal Revenue Service plans to open filing season on Feb. 12, although it is making its Free File program available starting Friday.

The Internal Revenue Service sent a set of recommendations to Congress for how it plans to carry out the far-reaching set of reforms.