Personal Finance Advice and Commentary

Wednesday, August 24, 2016 11:40 am
By Kay Bell ·

The IRS is looking to transform its services and taxpayer interactions with a view toward digital enhancements. Some worry, however, that such a move will shortchange some taxpayers.

Tuesday, May 10, 2016 10:04 am
By Kay Bell ·

Despite assurances that the IRS will send taxpayers letters before calling them, some auditors have been calling individuals unannounced. That’s changing.

Thursday, October 23, 2014 6:01 pm
By Jennie L. Phipps ·

IRS raises limits on most retirement savings plans for 2015.

Tuesday, August 06, 2013 2:27 pm
By Kay Bell ·

If you lose money in a scam, the IRS might be sympathetic. But the tax agency also wants any taxes that might arise from the fraudulent transaction.

Tuesday, July 16, 2013 6:07 pm
By Kay Bell ·

The House subcommittee in charge of IRS funding recommends slashing the agency’s upcoming budget. Is the move motivated by financial necessity or politics?

Tuesday, May 21, 2013 4:02 pm
By Kay Bell ·

The IRS faced a Ways and Means hearing on its handling of Tea Party tax-exempt applications. Now Senate Finance and House Oversight members get to ask questions.

Thursday, May 16, 2013 1:41 pm
By Kay Bell ·

Fired commissioner. Congressional hearings. Scathing tax watchdog report. It has been a terrible week for the IRS. And the tough times won’t stop any time soon.