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President Joe Biden and First Lady Jill Biden paid $146,629 in federal income taxes on a combined $619,976 in adjusted gross income in 2023.
April 16 -
The Internal Revenue Service is getting ready for an onslaught of tax returns arriving by Tax Day, though many taxpayers will be eligible for automatic extensions due to natural disasters.
April 12 -
With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.
April 4WealthAbility -
The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.
March 22 -
The former IRS contractor who stole and leaked the tax returns of former President Trump and other billionaires believed Americans had a right to the information, his lawyers told a judge.
January 19 -
Response times for tax professionals are also a problem, according to the National Taxpayer Advocate's Annual Report to Congress.
January 10 -
The Internal Revenue Service is not expected to meet the Treasury Department's goal of scanning millions of returns by the end of the year.
December 26 -
Five types of return are projected to increase in volume by more than 45% in FY 2023.
November 21 -
Commissioner Danny Werfel and Taxpayer Advocate Erin Collins discussed the enhancements the IRS has been making thanks to the additional billions of dollars of funding.
November 14 -
The manner in which Charles Littlejohn pulled off one of the most egregious security breaches in IRS history was revealed in a court filing.
October 16