IRS

U.S. Car Companies Shift Focus From Electric Vehicles To Hybrids

EV buyers who missed out on their tax credits now have a fix from the IRS

4:55pm March 26, 2025

Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting step. The IRS is now offering a fix.

It's your last chance to claim pandemic-era stimulus checks, the IRS says. Here's how

1:37pm March 19, 2025

The IRS says some Americans who have not filed their 2021 tax returns could be eligible for a pandemic-era relief payment, as long as they do so by April 15. Here's what to know as Tax Day approaches.

Why some EV buyers are getting their tax returns rejected this year

5:00am February 28, 2025

by Camila Domonoske

The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get. But if their dealers skipped a step, it was a different story.

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Trump Administration Plans To Layoff Thousands At IRS Dept.

IRS cuts over 6,000 jobs in the middle of tax season

2:51pm February 20, 2025

The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.

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A million taxpayers will soon receive up to $1,400 from the IRS

12:53am December 23, 2024

People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit.

About a third of all taxpayers are expected to file their returns in the last two weeks before the April 15th deadline.

Five things to know as the tax deadline looms

2:40pm April 11, 2024

by Scott Horsley

April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on track with last year's, while the average refund is slightly larger.

The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said Monday, March 25, 2024, that roughly 940,000 people in the U.S. have until May 17 to submit tax returns for unclaimed refunds for tax year 2020.

The IRS has 940,000 unclaimed tax refunds from 2020 that are about to expire

1:39am March 26, 2024

by The Associated Press

The average median refund is $932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest amount of people potentially eligible for these refunds.

The Internal Revenue Service says that beefed up customer service is resulting in fewer hiccups this tax filing season. More than 71 million Americans have already filed taxes this spring.

The IRS touts improved customer service and a hassle free filing option

9:50am March 24, 2024

by Scott Horsley

With less than a month before the tax filing deadline, the IRS says tax season is going smoothly. The agency is investing billions of dollars to improve service and beef up tax enforcement.

Werfel says he wants to build a "menu of options" for how people can file their tax returns.

National

The IRS got $80B to help people and chase rich tax avoiders. Here's how it's going

11:04am January 30, 2024

Commissioner Danny Werfel says the IRS is seeing "very powerful early results" in its efforts to improve enforcement on high wealth is paying off.

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The exterior of the Internal Revenue Service (IRS) building is seen in Washington, D.C., on March 22, 2013.

National

Ex-IRS contractor sentenced to 5 years in prison for leaking Trump's tax records

5:59am January 30, 2024

by The Associated Press

Charles Edward Littlejohn of Washington, D.C., gave data to The New York Times and ProPublica between 2018 and 2020 in leaks that appeared to be "unparalleled in the IRS's history," prosecutors said.