Most IRS employees assigned to taxpayer services face longer work periods.
IRS Employee Reassignments Extended Amid Filing Season Many IRS staff who were reassigned from back-office roles to front-line positions during the tax filing season will remain in their temporary roles for the time being. In early February, around 1,500 employees from IT and human resources were directed to spend 120 days assisting in taxpayer services. […]
How likely are you to be audited now that the IRS is utilizing AI? The outcome is still uncertain.
IRS Audit Rates and Changes Ahead When you look purely at the statistics, the IRS has audited less than 1% of tax filers in recent years. For instance, in 2021, only about 0.3% of all tax returns were audited, according to the latest data. Audit probabilities are generally higher for certain taxpayer groups, depending on […]
Average tax refund has increased by 11.3%, IRS filing data reveals
Average Tax Refunds Rise Significantly This Season The average tax refund this season has increased by 11.3% compared to the same period last year, based on IRS filing data leading up to tax day. As of April 17th, the average refund for individual filers stands at $3,275, a sizable jump from last year’s $2,942. About […]
Treasury strengthens IRS Form 990 regulations for nonprofits following SPLC indictment
Treasury Department Tightens Tax-Exempt Reporting Standards The Treasury Department is revising tax-exempt reporting rules managed by the IRS to better track nonprofit funds allegedly used for “extremist activities” and “concealing fraud.” This initiative follows the recent indictment against the Southern Poverty Law Center (SPLC), a nonprofit focused on civil rights, which has been accused by […]
Recent IRS filing data indicates the average tax refund has increased by 11.2%.
The average tax refund this season is 11.2% higher than in 2025, based on the latest data from the IRS. As of April 10th, the average refund for individual filers was reported to be $3,397, which is an increase from $3,055 last year. This data includes around 114 million individual returns, with expectations that about […]
Did you miss the tax deadline? Specialists recommend submitting your return now to reduce IRS penalties.
If you missed the tax deadline on April 15, you might be feeling some pressure. The penalties and interest have already started accruing, but there are still ways to lessen the blow. Experts recommend that taxpayers file their returns as soon as they can, even if they can’t pay the entire amount owed. Paying whatever […]
Summary: IRS reports average tax refund is nearly $3,500 this year
Tax Refunds and Recent Events This year’s tax refunds are on the rise, though they haven’t reached the levels anticipated by the Trump administration, according to the IRS chief during a Senate hearing. While he’s addressing unpaid taxes, the focus is also on the current tax season. As the deadline for filing taxes approaches, the […]
Tax extension from the IRS does not postpone your payment deadline of April 15.
Every year, about 20 million Americans apply for a tax extension, yet many might not realize that any unpaid taxes are still due by April 15th. While the extension lets taxpayers file their returns until October, it doesn’t push back their responsibility to settle taxes owed. If the payments aren’t made by the deadline, penalties […]
IRS releases list of jobs eligible for ‘no tax on tips’ rule
New Tax Guidance for Tipped Workers Released by IRS The U.S. Treasury’s Internal Revenue Service (IRS) announced new guidance on Friday aimed at helping taxpayers who may benefit from a tax provision related to tips. This provision, part of the legislation dubbed the “Big and Beautiful Bill” signed by President Donald Trump in July, allows […]
IRS provides three options for requesting a tax extension ahead of the April 15 deadline
Tax Filing Deadline Approaches: What You Need to Know The deadline for filing 2025 tax returns is fast approaching—Wednesday, April 15th. Millions of taxpayers are gearing up to submit their returns, and likely, many will opt for an extension. If you find you need more time, it’s possible to request an extension before April 15 […]