House Democrats led by Rep. Brad Schneider (Ill.) pressed Treasury Secretary Scott Bessent on mass layoffs at the Internal Revenue Service (IRS) in a Wednesday letter requesting the Trump ...
Begin by using the IRS's Offer in Compromise Pre-Qualifier tool on their website to determine eligibility. If you qualify, submit Form 656 (Offer in Compromise) along with Form 433-A (Collection ...
The IRS no longer will issue paper checks or take payments by check under an order from President Trump. The aim is to boost efficiency and cut fraud.
Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.
Effective Sept. 30, 2025, the executive order directs the Treasury Department, which includes the IRS, to stop issuing paper ...
(CNN) — As many as 50 senior IT professionals at the Internal Revenue Service, including some of the agency’s top cybersecurity experts, were placed on administrative leave Friday as the Trump ...
Chip Somodevilla / Getty Images Next? The Internal Revenue Service. CNN reports that the IRS is looking to reduce the workforce by 20% — about 18,200 employees — by May 15. Tom Williams / CQ ...
Setting up direct deposit isn't just a safer way to ensure you get your tax refund — it's faster, too. According to the IRS, electronic refunds are typically deposited within 21 days of filing an ...
The Daily Pilot’s e-newspaper includes Sunday’s coverage of Newport Beach, Huntington Beach, Costa Mesa, Laguna Beach, Fountain Valley and other parts of Orange County. The Daily Pilot’s e ...
WASHINGTON — As the nature of financial crime changes, with technology and AI increasingly used to perpetrate illegal acts, the IRS' crime fighting arm — IRS Criminal Investigation — is ...
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