Danny Werfel News

19.03 / 19:45

UPS Action pandemic information 2020 International Haven’t filed your 2021 tax return? You might be missing out on a COVID stimulus check

Taxpayers who haven’t filed 2021 tax returns who may be eligible for a COVID stimulus payment must file it by April 15 to claim the credit

22.12 / 18:59

UPS Action Discover information 2020 International A million taxpayers will soon receive up to $1,400 from the IRS

Approximately 1 million taxpayers will automatically receive special payments.

06.09 / 21:29

UPS Target President travelers Treasury recovers $1.3 billion in unpaid taxes from high wealth tax dodgers

The IRS has collected $1.3 billion from high wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law ...

13.07 / 06:41

Target Man Forbes reports travelers IRS hauls more than $1B in back taxes from ultra-high earners

The tax man has come for a lot of rich Americans.

12.07 / 18:55

UPS Aware security community information International IRS warns tax professionals to be on guard over identity theft

The Internal Revenue Service has begun an eight week awareness campaign to ensure that tax professionals are protecting themselves and their clients against identity theft.

21.06 / 00:29

Provident Target show information International IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper

The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper

17.06 / 13:41

Provident Aware Gap Department International The IRS wants to end another major tax loophole for the wealthy and raise $50 billion

The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade

31.05 / 13:25

Provident Software information stars International More taxpayers to file tax returns for free as IRS makes Direct File permanent

A larger number of taxpayers should be eligible to access a free tax filing solution from the Internal Revenue Service following a successful pilot.

30.05 / 18:31

UPS Provident President electronic reports Department IRS makes free tax return program permanent and is asking all states to join in 2025

electronic tax return filing system that it experimented with this year and is asking all 50 states and the District of Columbia to help taxpayers file their returns through the program in 2025. The IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for people with very simple W-2s, the employee’s wage and tax statement. The agency also is inviting all states with a state income tax to sign up and help people file their state returns for free.

03.05 / 11:59

Provident FIVE Digital Action security Updates International Wealthiest taxpayers are a priority for IRS with more audits on the way

The Internal Revenue Service will focus more on wealthy taxpayers, with increased audits and enforcement action for noncompliance with the highest dollar amount.

02.04 / 16:59

Target Progressive Investigations IRS claws back money given to businesses under fraud-ridden COVID-era tax credit program

The IRS says it’s making progress with initiatives to claw back money improperly distributed under the Employee Retention Credit

20.03 / 11:57

UPS Fighting Software travelers rights Interviews IRS chief zeroes in on wealthy tax cheats in AP interview

IRS Commissioner Danny Werfel says in a wide-ranging interview with The Associated Press the federal tax collector will expand its pursuit of high-wealth tax dodgers with new initiatives in the coming months

01.03 / 13:53

UPS Target Bill rights International IRS targets those with high incomes who haven’t filed tax returns, some since 2017

With tax filing season underway for 2024, the Internal Revenue Service is chasing 125,000 case of people with six- or even seven- figure incomes who have not filed their returns, some since 2017.

29.02 / 19:19

UPS reports International US IRS says it will pursue high-income earners who failed to file tax returns

By David Lawder

28.02 / 07:07

Provident Digital IRS crypto tax information reports International IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts

The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives to aid in digital asset reporting, compliance, and enforcement programs.

09.01 / 23:22

electronic 2024 IRS announces January 29 as start of 2024 tax season

The IRS has announced January 29 as the official start date of the 2024 tax season, and expects more than 128.7 million tax returns to be filed by the April 15 tax deadline

06.12 / 13:07

Aware Fox Software social concert information reports IRS issues warning about emerging tax season scams

Barrons Roundtable panelists discuss how you can adjust your 2023 portfolio for success in 2024.

22.11 / 07:05

Fighting Celebrity concert reports gatherings prevention IRS delays reporting rules for users of Venmo, Cash App and other payment apps

Users of Venmo, Cash App and other payment apps will get a bit of a tax reprieve this year

04.11 / 02:11

Provident Target Bill President House GOP targets IRS in bill to provide emergency aid to Israel

House Republicans went after the IRS when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget

12.10 / 19:53

UPS Gap pandemic show 2020 reports Gap between US income taxes owed and paid is set to keep growing, IRS says

The amount of tax money owed but not paid to the IRS is set to keep growing

18.09 / 12:15

UPS Waves Target Wealthy tax dodgers targeted by IRS new agent hires

The IRS plans to hire 3,700 employees to help fuel its efforts to target large corporations and complex partnerships.

facts about Danny Werfel

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