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At Close: Jun 03, 2026

IRS Scraps Plan to Use ID.me Selfies for Account Verification

11:19pm, Tuesday, 08'th Feb 2022 NerdWallet
If you keep an eye on tax news, you may have heard some chatter about the IRS soon requiring a video selfie for account sign-in. That plan is no more:…

IRS Offers Face-to-face Help on Four Saturdays

10:28pm, Tuesday, 08'th Feb 2022 Investopedia
IRS Taxpayer Assistance Centers will provide in-person help from 9 a.m. to 4 p.m., February 12, March 12, April 9, and May 14. Here are the details.

IRS’s Struggles With Backlogs Draw Scrutiny From Lawmakers, Taxpayers

10:09pm, Tuesday, 08'th Feb 2022 The Wall Street Journal
Members of Congress bemoaned the IRS’s old technology, urged the agency to consider waiving some penalties and expressed frustration at the effect on taxpayers.
Privacy advocates and lawmakers from both major parties objected to the agency''s use of a third-party system to confirm taxpayers'' identities.
An estimated 70% of Americans filing taxes, or 100 million people, can submit their returns for free through an IRS program.
A cadre of Republican senators is moving to overturn requirements that third-party internet platforms report transactions of more than $600 to the Internal Revenue Service. GOP lawmakers say the requirement, which was included in President Bidens coronavirus relief package last year, burdens taxpayers when they file their annual returns. The
The US Internal Revenue Service (IRS) announced that it will transition away from using a third-party service for facial recognition in order to help authenticate individuals creating new online accounts. The transition will take place over the coming weeks in order to “prevent larger disruptions… Read More
IRS court settlement doesn''t clarify crypto staking taxes. Read this full report
Today''s top stories from USA TODAY Money.
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.

IRS ends use of facial recognition technology

11:21am, Tuesday, 08'th Feb 2022 The Global Herald
ABC News published this video item, entitled "IRS ends use of facial recognition technology" - below is their description.
The IRS said Monday it will suspend the use of facial recognition technology to authenticate people who create online accounts after the practice was criticised by privacy advocates and lawmakers.
The US Internal Revenue Service says it will scrap taxpayers identification via face recognition software amid privacy and hacking concerns The US Internal Revenue Service (IRS) has announced that it will not require taxpayers to prove their identity through facial recognition software, reversing course on a move that was set to take effect next summer
IRS said it would add additional verification tools that dont involve facial recognition, but didnt specify how those would work

The Truth About IRS Tax Settlement Firms

08:15pm, Sunday, 06'th Feb 2022 Investopedia
Tax settlement firms claim they can reduce or even eliminate what you owe to the IRS. Find out the facts behind this alluring fiction.
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