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Internal Revenue Service

Revenue service of the United States federal government

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Internal Revenue Service: Revenue service of the United States federal government
The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings. The IRS has also overseen various benefits programs, and enforces portions of the Affordable Care Act.

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Christie pushes back on "pay to play" allegations for Trump charity

New Jersey Gov. Chris Christie addresses the IRS penalty Trump's foundation because of a donation it gave to Florida Attorney General Pam Bondi's political committee.
CBS News - Published

Biggest IRS scam around: Identity tax refund fraud

Con artists have been filing bogus tax returns and collecting millions. Steve Kroft finds out how far the scam has gone and why the IRS hasn't been able to stop it.
CBS News - Published

Videos for Internal Revenue Service


A 2nd Trump Whistleblower Comes Forward [Video]A 2nd Trump Whistleblower Comes Forward

There is a second individual who has filed a whistleblower complaint against Donald Trump. He works at the Internal Revenue Service (IRS), according to Business Insider. The complaint alleges..

Credit: Wochit News     Duration: 00:44Published

 

Here's how much you need to earn to be in the 1%

The minimum entry price into the top 1% income club jumped 7.2% in the latest year the IRS tracked such data
CBS News - Published

'Pay what you owe': Your taxes are due if you filed for a federal tax extension

Millions of taxpayers asked the IRS for an extension on filing federal taxes in April. The deadline to file is today.
USATODAY.com - Published

Did you ask for a federal tax extension in April? Your time to file is almost up

Millions of taxpayers asked the IRS for an extension on filing federal taxes in April. Their time’s up. The extension deadline hits Oct. 15.
USATODAY.com - Published

Treasury Inspector General to Review Handling of Trump’s Taxes

The inquiry comes in response to a request from House Democrats after a whistle-blower complaint from an Internal Revenue Service employee.
NYTimes.com - Published

Whistleblower points to IRS audits of Trump or Pence tax returns

House Ways and Means panel chairman says federal employee is claiming possible "inappropriate efforts to influence" mandatory audit program
CBS News - Published

Treasury Officials Pressured I.R.S. on Trump Tax Audit, Whistle-Blower Alleges

A complaint is said to allege that political appointees tried to interfere with an audit of the president’s returns.
NYTimes.com - Published

The Islamic State, The Tax Refund Scam

Scott Pelley reports from the front lines in the fight against ISIS in northern Iraq, and con artists have been filing bogus tax returns and collecting millions. Steve Kroft finds out how far the scam..
CBS News - Published

IRS impostors are using fake emails to trick you: How to spot a scam

Crooks are using phrases like 'tax return reminder' in a new email scam that aims to steal data. IRS warns this may be way to infect your computer.
USATODAY.com - Published

IRS budgets cuts costing the feds billions of dollars

A sharp decline in funding for the tax agency has impaired its ability to audit big corporations and millionaires
CBS News - Published

Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg..
Reuters - Published

This tool offers a new way to estimate next year's tax refund

A new IRS online tool could turn out to be pretty useful for those trying to get a better handle on how much they're withholding in taxes.
USATODAY.com - Published

IRS goes after unpaid cryptocurrency taxes

Tax collectors recently found information on 13,000 Coinbase account holders—and they're insisting on Uncle Sam's cut
CBS News - Published

U.S. tax collectors urge owners of virtual currencies to pay back taxes, file amended returns

The U.S. Internal Revenue Service on Friday said it was sending thousands of letters to taxpayers who failed to report virtual currency transactions, saying they may owe taxes.
Reuters - Published

Mortimer Caplin, Tactful but Tough Tax Collector, Dies at 103

As I.R.S. commissioner in the Kennedy administration, Mr. Caplin promised to be “both reasonable and vigorous” and largely succeeded.
NYTimes.com - Published

Trump signs IRS bill after returning from Asia — live updates

It's the first time the president has appeared since his trip to Asia and meeting with North Korean leader Kim Jong Un
CBS News - Published

IRS to taxpayers: Check your tax withholding now

If you owed more tax when you filed this year, make adjustments now to avoid that unpleasant surprise next tax season
CBS News - Published

DOJ says Congress can't force IRS to provide Trump's tax returns

The Justice Department says Congress does not have a "legitimate legislative purpose" for viewing the president's tax returns
CBS News - Published

The top 1% income earners by state: Here's how much you need to make to qualify

24/7 Wall St. reviewed Internal Revenue Service data to identify the minimum income threshold of the top 1% of earners in each state.
USATODAY.com - Published

What's the average annual income after taxes in every state?

24/7 Wall St. analyzed IRS data to calculate average incomes after taxes. Taxes reduced incomes by as much as 33.6%, depending on the state.
USATODAY.com - Published

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