The IRS Whistleblower Program Improvement Act includes seven measures to help bolster the program, which the lawmakers say has enabled the agency to collect more than $6 billion from wealthy individuals and businesses caught dodging taxes.
The comments follow a meeting between President Joe Biden and Russian President Vladimir Putin in Geneva on Wednesday.
If you're paying for child or dependent care, you could be eligible for a tax break on up to $16,000 of expenses when you file your 2021 tax return.
The updated Non-filer Sign-up Tool is one of the options available for tracking an IRS tax refund or a stimulus payment, but many people remain frustrated waiting for their funds.
The government loses out on roughly $300 billion a year in unpaid taxes. But the IRS has ways of making you pay.
Consumers can expect sticker shock on a variety of goods and services over the next few months, experts say.
While politicians haggle over tax legislation, high-net-worth investors should evaluate steps to plan for higher taxes. Here are three strategies to consider.
The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.