The Finance Bill, 2026 proposes several reforms aimed at encouraging voluntary compliance—including expanding the scope of updated returns and rationalising penal consequences for small taxpayers ...

The IRS has already issued tens of millions of tax refunds this filing season, pumping billions of dollars back into the U.S. economy. Through February 28, the agency received more than 51 million ...

The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how ...