Charles Rettig

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.