In a press release, the IRS announced the collection of $1 billion in past-due taxes from... scale back the $80 billion funding boost provided to the IRS by the IRA. Expanding Audit...
said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service... from taxes and interest the IRS maintains the company owes from 2007, 2008 and 2009. “The...
said Friday it will pay $6 billion in back taxes and interest to the U.S. Internal Revenue... stemming from taxes and interest the IRS maintains the company owes from 2007, 2008 and 2009.
5% per month or partial month, with a maximum fee of 25% of unpaid taxes. The IRS also... “They’re trying to get people back in the system,” Bronnenkant said. However, you can’t...
When you owe the IRS for previous years' filings, it's called "back taxes." It's important to know your options and rights when you owe them.
Do you owe back taxes and don’t know how you’re going to pay them? Tax relief companies say they can lower or get rid of your tax debts and stop back-tax collection. They say they’ll apply for IRS...
The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’...
Internal Revenue Service employees and contractors owe a collective $50 million in back taxes, a new audit by the Treasury Department’s inspector general found. Of the more than 3,800 IRS employees who owe back taxes, 2,000 have not even established a payment plan. More than 50 of these delinquent employees have remained employed by the IRS for five years or more. All told, nearly 150,000 federal employees failed to pay their taxes, owing a combined $1.5 billion. Sen. Joni Ernst (R-IA), who re...
Coca-Cola announced Friday it will pay $6 billion in back taxes and interest after a ruling in a case dating back nearly 20 years with the IRS. The dispute covers fiscal years 2007-09...
U.S. Rep. Bobby Rush (D-Ill.) owes the Internal Revenue Service as much as $55,000 in federal income taxes, according to Cook County records. The debts the IRS claims are owed by Rush and his wife, Carolyn, cover six years while he was a Chicago alderman and she was a city employee. The tax liabilities range from as little as $246 owed from 1984 to $15,289 due from 1990. Last week, the House released the congressman’s annual financial-disclosure statement, which is supposed to list any liabili...