IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

Source: irs.gov

Supreme Court Won’t Weigh in on Coinbase-IRS Dispute

Supreme Court Won’t Weigh in on Coinbase-IRS Dispute
Supreme Court Won’t Weigh in on Coinbase-IRS Dispute
June 30, 2025  |  Legal & Regulation

The Supreme Court has rejected an appeal from a Coinbase customer fighting the IRS. That’s according to a report Monday (June 30) by Bloomberg News on the ongoing battle between Coinbase account...

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DOGE Reportedly Plans to Construct ‘Mega API’ in IRS ‘Hackathon’
DOGE Reportedly Plans to Construct ‘Mega API’ in IRS ‘Hackathon’
April 06, 2025  |  Legal & Regulation

The Department of Government Efficiency (DOGE) is reportedly planning a “hackathon” at the IRS. Per a report Saturday (April 5) by Wired, the goal here...

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IRS Staffing Cuts May Delay Tax Refund Advances
IRS Staffing Cuts May Delay Tax Refund Advances
March 18, 2025  |  Taxes

A financial lifeline for many consumers — particularly lower-income consumers — in the form of tax refunds may be fraying a bit at a time...

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Senate Revokes Crypto Tax Reporting Rule Passed Under Biden
Senate Revokes Crypto Tax Reporting Rule Passed Under Biden
March 05, 2025  |  Cryptocurrency

The Senate has overturned a rule requiring cryptocurrency platforms to report customer transactions to the IRS. The rule, adopted under the Biden administration, would have...

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DOGE Seeks Access to IRS System Amid IT Modernization Effort
DOGE Seeks Access to IRS System Amid IT Modernization Effort
February 17, 2025  |  Legal & Regulation

The Elon Musk-led Department of Government Efficiency (DOGE) is reportedly seeking access to an Internal Revenue Service (IRS) system that is usually not available to political appointees. The...

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Worldpay’s Link2Gov Enables Digital Tax Payments for IRS
Worldpay’s Link2Gov Enables Digital Tax Payments for IRS
January 30, 2025  |  Taxes

The Internal Revenue Service (IRS) has selected Link2Gov, a wholly owned subsidiary of Worldpay, as an authorized digital payments provider. Individuals and businesses can now...

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Fifth Third Bank Brings Back Early Tax Refund Service for Customers
Fifth Third Bank Brings Back Early Tax Refund Service for Customers
January 27, 2025  |  Banking

Fifth Third Bank is giving taxpayers a financial head start, offering its customers the ability to access their tax refunds up to five days earlier...

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Report: US Government Investigating Citigroup’s Anti-Money Laundering Policies
Report: US Government Investigating Citigroup’s Anti-Money Laundering Policies
November 14, 2024  |  AML

U.S. government agencies are reportedly investigating Citigroup’s anti-money laundering (AML) policies and its ties to a sanctioned Russian official. The Department of Justice (DOJ), the...

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