Posted on April - 17 - 2012 ADD COMMENTS

The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of electronic filing in 1990. In fact, 112 million people — 77 percent of all individual taxpayers — used IRS e-file last year.

About 30000 active-duty troops and a similar number of reserve-component members owe the Internal Revenue Service a collective $390 million in back taxes, according to IRS data.

The Internal Revenue Service and the Treasury Department released final rules today requiring US banks to report interest payments made to nonresident aliens. “A jurisdiction's willingness to share information with the IRS to combat offshore tax

Well, it's tax day. If this has somehow slipped your mind and you're rushing around to get in a last minute tax-filing, here are a few tips from the.

As you get ready to file or go on extension—see Does Going on Return Filing Extension Increase IRS Audit Risk?—there's lots to fret about. Don't forget that you sign returns under penalties of perjury. Opinions about tax traps vary widely,

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