How the IRS Works
The IRS or Internal Revenue Service handles taxes. Learn about the history of the IRS and how it enforces taxes.
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The IRS or Internal Revenue Service handles taxes. Learn about the history of the IRS and how it enforces taxes.
Fake refunds with repayment demands Payroll and human resources (HR) scams Ransomware Cannabis With more states making the push to decriminalize or legalize recreational marijuana, the IRS has provided guidance for companies involved in the legal marijuana industry. This guidance makes clear that companies must strictly comply with all pertinent provisions of the IRC—the federal prohibition on selling marijuana (which is still classified as a Schedule I controlled substance) notwithstanding. As companies flock to the United States’ burgeoning legal marijuana industry, the IRS is paying c...