Tax News from Accounting Today

The Internal Revenue Service's CI division is getting back to its traditional priorities after it was sidetracked last year into immigration enforcement.

Lulling tactics; up to 152 years in prison; big-ticket items; and other highlights of recent tax cases.

For many taxpayers — especially those with variable, limited or short-term tax capacity — credit transferability provides a practical and effective solution.

Internal Revenue Service officials are working to increase compliance of tax-exempt groups as well as for-profit businesses with the help of whistleblowers.

For practitioners willing to learn the rules, Trump accounts are the best client acquisition and retention opportunity we've had in a decade.

The Internal Revenue Service had a largely successful tax-filing season, despite staffing cutbacks and long delays on refunds for millions of taxpayers.

Among other things, the IRS's preliminary AI guidelines call for firms to exercise due diligence on AI outputs and pass AI-related savings on to clients.

Tax amnesty programs; protecting your practice; unidentified tax payments; and other highlights from our favorite tax bloggers.

The Supreme Court ruled in favor of a Michigan county that auctioned off a family's foreclosed home for $76,008 when the family owed less than $2,242 in taxes.

The comedian was arrested in Los Angeles for tax evasion and charged with owing over $300,000 to the state of California.

The IRS has been offering live chat applications and automated chatbots, but their incorrect answers could prompt taxpayers to file incorrect tax returns.

The Internal Revenue Service's process for referring taxpayer inquiries to other business units can lead to delays and lost referrals, according to a new report.

DuCharme, McMillen & Associates acquired Chicago-based Barron Corporate Tax Solutions, expanding the firm's property tax practice.

Nineteen states and three major cities now have them. Cheap and easy usually isn't best.

The Electronic Tax Administration Advisory Committee report calls for sustained IRS funding, human-centered design, fraud prevention and preparer regulation.

Disbarred lawyer; frozen bank accounts; bridal shop scam; and other highlights of recent tax cases.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Here's why every AI-powered tax initiative starts with a document problem — and what to do about it.

Between now and July 6, companies have a narrow time limit to retroactively recover research and development tax deductions from up to the previous three years.

For years, tax firms have talked about moving beyond compliance and offering more strategic advice. Clients want that shift, too.