IRS

Business

Coca-Cola will pay IRS $6 billion in back taxes

Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while…

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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge’s decision

Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while…

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Politics

Tax system goes digital after IRS funding boost

The initial $80 billion funding boost for the IRS passed as part of the Inflation Reduction Act (IRA) in 2022…

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Politics

Watchdog: IRS delays in resolving identity theft cases 'unconscionable'

An independent watchdog says the Internal Revenue Service’s (IRS) delays in resolving identity theft cases are “unconscionable.” A mid-year report…

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Business

IRS says it will refund taxes extracted from Ohioans who got financial assistance after Norfolk Southern derailment disaster

Most people who received money from Norfolk Southern in the wake of last year’s fiery train derailment in eastern Ohio won’t have…

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A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings — without any penalty. Here’s how

A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings — without any…

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Trump could owe more than $100 million in taxes as a result of IRS inquiry, report says

Former President Donald Trump could owe more than $100 million in taxes as a result of a yearslong Internal Revenue…

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Business

How to avoid an IRS audit

Two weeks from today, on April 15, the Internal Revenue Service will want its money. Tax day is a stressful,…

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

The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax…

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