Elon Musk asks if the IRS should be ‘deleted’ after agency ...
The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the ...
2 Tennessee tax preparers charged with filing $65 million in false claims
Federal prosecutors in Tennessee say two tax preparers submitted $65 million in false claims for refunds under programs ...
Newsweek26d
IRS Increases Limits for Pension and Retirement Plan Contributions
The Internal Revenue Service (IRS) on Friday announced a new policy which increases the limits individuals can contribute to their pension and retirement plans. The agency outlined the new ...
2 Tax Preparers Indicted for $65 Million COVID-Relief Scheme
The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...
Investopedia29d
Revenue Act of 1862: What It Was, History
The Bureau of Internal Revenue is known today as the Internal Revenue Service (IRS). The name was changed to emphasize a greater focus on serving the public rather than merely collecting taxes.
Okay Nigeria27d
FIRS Opens Recruitment Portal for Tax Officers – Here’s How to Apply
The Federal Inland Revenue Service (FIRS) has announced the opening of its recruitment portal for interested applicants to apply for the positions of Tax Officers (Officer II and Officer I). This ...
TheCable28d
Redefining revenue: The new derivation principle in VAT distribution
Federal Inland Revenue Service (FIRS), possibly soon renamed Nigeria Revenue Service (NRS), will require a sophisticated electronic system to manage this complex VAT administration. A transitional ...