The IRS reportedly has a free TurboTax alternative in the worksThe government's tax filing software could arrive as soon as next year.By S. Buckley, 05.15.2023
Stricter guidance means fewer EVs will qualify for $7,500 federal tax creditBuyers still have until April 18th to buy an eligible EV under the previous — more lenient — rules.By W. Shanklin, 03.31.2023
Tesla's five-seat Model Y and other EVs now qualify for the new $7,500 federal tax creditModels from Cadillac, Ford and VW are also eligible.By J. Fingas, 02.03.2023
Tax prep websites have been sending sensitive financial data to FacebookMeta's Pixel is once again harvesting private data without users' knowledge.By J. Fingas, 11.22.2022
The IRS says it accidentally exposed confidential information involving 120,000 taxpayersTheir data was made available for download on the IRS website.By M. Moon, 09.03.2022
You can now delete your selfies from ID.me’s websiteThe IRS backed away from its requirement that taxpayers submit selfies to verify identity.By A. Khalid, 03.01.2022
The IRS will let taxpayers authenticate their identity without using facial recognitionBut the alternative is having a live, virtual interview that may not be ideal either. By M. Moon, 02.22.2022
IRS says it will back away from facial recognition amid outcryThe decision comes hours after mounting political pressure.By J. Fingas, 02.07.2022
House Democrats urge IRS to halt facial recognition plansThe politicians are concerned about bias and security.By J. Fingas, 02.07.2022
Republican Senators raise concerns about IRS use of ID.me facial recognitionThe Senators mention the government's 'unfortunate history of data breaches.'By M. Moon, 02.04.2022
Treasury reconsiders IRS use of ID.me facial recognition amid privacy concernsThe company recently garnered controversy after it disclosed its use of one-to-many facial matching. By I. Bonifacic, 01.29.2022
The Treasury Department is buying sensitive app data for investigationsThere are concerns investigators are bypassing due process.By J. Fingas, 11.06.2021
TurboTax creator Intuit leaves the IRS' free tax filing programIntuit claims the IRS system is holding it back.By J. Fingas, 07.17.2021
US Treasury may require crypto transfers over $10K to be reported to the IRSOfficials fear digital currencies are being used for tax evasion.By S. Shah, 05.21.2021
Crypto exchange Binance faces US money laundering probeThe company is accused of being a major destination for illicit cryptocurrency.By S. Shah, 05.14.2021
US officials seize cryptocurrency accounts tied to al-Qaeda and ISISAgents recouped about $2 million worth of virtual currency in total.By K. Holt, 08.13.2020
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returnsThe agency's overall approach to in-game currency isn't clear, though.By J. Fingas, 02.14.2020
Tax prep companies can’t hide their free filing software from Google anymoreThe IRS is now also free to make a competitor to TurboTax.By I. Bonifacic, 12.31.2019
IRS reminds 10,000 taxpayers that cryptocurrency is subject to taxesIt's notifying taxpayers who may have failed to report their cryptocurrency earnings.By C. Fisher, 07.26.2019
IRS' direct online payment system goes down on tax day (update: resolved)It's not exactly the best timing.By J. Fingas, 04.17.2018