As the debate on the Hill over the fate of the Affordable Care Act's premium tax credits rages on, a new report highlights ...
Federal auditors used fictitious identities and Social Security numbers to obtain subsidized Affordable Care Act coverage in ...
WASHINGTON, DC - JUNE 7: A sign is displayed outside of the Internal Revenue Service (IRS) Building on June 7, 2025 in Washington, DC. (Photo by Kevin Carter/Getty Images) In this episode of Tax Notes ...
The IRS has significantly enhanced its capabilities with the Information Returns Processing System. This system meticulously compares data from employers and third parties, such as W-2s, 1099s, and ...
As of May 2025, the IRS had lost more than 25% of its mission-critical enforcement staff, including auditors who handle ...
A Hartford tax preparer waived his right to be indicted and pleaded guilty Friday in New Haven federal court to a tax offense. Clyde Gibson, Jr., 43, prepared at least 135 tax returns with fraudulent ...
Mistakes happen, including when it comes to reporting and paying taxes. And for taxpayers and their advisors, those mistakes can lead to costly consequences, as the Internal Revenue Code (“Code”) ...
New reports allege that millions of taxpayer dollars have been fraudulently stolen from the Minnesota welfare system and then sent to the Somali-based terror group Al-Shabaab. This is according to ...