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The Latest Breaking News from IRS

A Daley goes on trial, writing a new chapter in Chicago history

Ald. Patrick Daley Thompson’s tax fraud case opens Monday. He’ll be the first from Chicago’s Daley political family to face trial and the first sitting Chicago City Council member on trial in more than two decades.

Chicago Sun-Times

Ethereum, Other Crypto Stakers, Miners Rejoice — The IRS Will Not Tax Unsold Tokens After All

The Internal Revenue Service will not tax unsold tokens — a major relief for both cryptocurrency stakers and miners.

Benzinga

Here’s what’s wrong with an IRS proposal to use facial recognition technology for tax filing

Even if you grant that the IRS use of the technology is appropriately limited, this is potentially the start of what could quickly snowball to many government agencies using commercial facial recognition companies to get around legal limits on their powers.

Chicago Sun-Times

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Government agencies are tapping a facial recognition company to prove you're you – here's why that raises concerns about privacy, accuracy and fairness

The U.S. Internal Revenue Service is planning to require citizens to create accounts with a private facial recognition company in order to file taxes online. The IRS is joining a growing number of federal and state agencies that have contracted with ID.me to authenticate the identities of people accessing services.

The Conversation

ECI appoints Special Observers for UP

Election Commission of India appointed Special Observers for Uttar Pradesh.

Dynamite News

The IRS is rethinking selfies for online tax filing after privacy concerns

Unsurprisingly, a recently announced partnership with ID.me did not go over well with Americans.

Input

Proposed US Capitol statue prompts revisiting of former Detroit Mayor Coleman Young's career

DETROIT — Former Detroit Mayor Coleman Young led the city for 20 years, creating a colorful but controversial legacy as the first Black mayor of Michigan's largest city.

Tribune News Service

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Kamala Harris Spreads Misinformation on Human Trafficking

Plus: Texas attacks TikTok, Neil Young's anti-science past, IRS reconsidering face scans, and more...

Reason

The IRS already has all your income tax data – so why do Americans still have to file their taxes?

Doing taxes in the U.S. is notoriously complicated and costly. And it gets even worse when there are delays and backlogs, making it especially hard to reach the Internal Revenue Service for assistance.

The Conversation

A Border Patrol Agent Assaulted Him and Violated His First Amendment Rights. He May Never Get To Sue.

It is almost impossible to hold a rogue federal officer accountable. The Supreme Court may make it even harder.

Reason

IRS budget in focus as brutal tax filing season arrives

WASHINGTON — Anticipation of a fraught tax season is leading Democrats to consider more funding for the IRS to assist and educate taxpayers.

Tribune News Service

IRS budget in focus as brutal tax filing season arrives - Roll Call

Anticipation of a fraught tax season is leading Democrats to consider more funding for the IRS to assist and educate taxpayers.

Roll Call

Commentary: IRS demands smack of Big Brother

Surveys find 81 percent of U.S. adults support voter ID requirements. Yet President Joe Biden recently condemned state election integrity laws that strengthen voter ID protections and ensure the accuracy of voter registration rolls as “Jim Crow 2.0.” This supposed “threat to our democracy” is so grave that Biden equated…

Tribune News Service

Congress asks IRS to stop fines for taxpayers caught in backlog

WASHINGTON — The Internal Revenue Service is under pressure from a large group of lawmakers to stop penalties and pause automated collections from taxpayers whose returns have been caught in a processing backlog.

Tribune News Service

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The Independent UK

Traded cryptocurrency in 2021? Here's how to approach taxes

Alternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events

Tribune News Service

'Decepcionante temporada de impuestos' apunta a reembolsos más pequeños y tardíos

En lo que incluso la Tesorería de Estados Unidos dice que será una temporada de impuestos frustrante, las familias que reclaman el crédito tributario por hijo y los trabajadores independientes estadounidenses están entre los declarantes que probablemente se enfrentarán a los mayores desafíos de este año.

Tribune News Service

Susan Tompor: First glitch of the tax season is here: That IRS child tax credit letter may be inaccurate

The first potential glitch of tax season involves new concerns about the accuracy of some letters that the IRS is sending out relating to the child tax credit.

Tribune News Service

‘Disappointing tax season’ points to smaller, later refunds

In what even the U.S. Treasury says will be a frustrating tax season, families claiming the child tax credit and newly self-employed Americans are among filers likely to see the biggest challenges this year.

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The Independent UK

IRS launches website for claiming part 2 of child tax credit

The IRS has launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due

Reason

Smile! The IRS Wants You To Send Selfies to a Facial Recognition Company

Plus: What the U.S. should do about Ukraine, America’s geriatric music market, and more…

The Conversation

What's a 990 form? A charity accounting expert explains

Most tax-exempt nonprofits must file a 990 form with the Internal Revenue Service every year, typically in mid-May.

The Independent UK

Taxpayers face overloaded IRS as filing season opens Monday

U.S. taxpayers, brace yourselves because tax filing season starts Monday and you can expect the task to be more cumbersome than usual this year

Tribune News Service

Susan Tompor: 5 things to know about IRS Letter 6419 and the child tax credit

Parents are flooded with paperwork every single day of the year. But this year, they absolutely want to keep track of one key letter — Letter 6419, to be sent to you by none other than the Internal Revenue Service.

Orlando Sentinel

Florida opens investigation into dark-money group key to ‘ghost’ candidate scandal

ORLANDO, Fla. — A state agency that regulates charities has opened an investigation into a dark-money nonprofit that played a key role in Florida’s “ghost” candidate scandal.

Mic

Tax tips for newlyweds: 9 ways getting married changes your taxes

Honeymooners have myriad reasons to bask in the glow of domestic bliss — some more romantic than others. As anyone who's tied the knot knows, not only are you embarking on a lifetime together, now you can finally stop saving for…

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