IRS

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

Erin Collins is objecting to proposed regs that would enable the IRS to shorten its third-party notice requirements from 45 days to as little as 10.

The IRS beefed up its information technology internal controls.

The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump.

The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.

Updating engagement letters; tax neutrality; the usual losers; and other highlights from our favorite tax bloggers.

The adjustments reflect how inflation is slowing down and upcoming changes to the rules based on the Secure 2.0 Act and the Tax Cuts and Jobs Act.

UHY launches global rebrand; IRS selects first associate chief counsel for the newly created passthroughs, trusts and estates office; and more news from across the profession.

The amount individuals can contribute to 401(k)s in 2025 has increased by $500 to $23,500, but the IRA limit remains $7,000.

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight years.

Foreign gifts and penalties; FBARs and the Constitution; contention and confusion; and other highlights from our favorite tax bloggers.

The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.

The IRS is pushing back filing and payment deadlines for those impacted in Juneau.

The Internal Revenue Service did little to stop fraudsters who used the Practitioner Priority Service Line to fraudulently claim nearly $462 million in refunds, per the Treasury Inspector General for Tax Administration.

Questions have been raised about how Crowdstrike accounted for the deal in its financial statements.

Final regulations are also available for the Advanced Manufacturing Production Credit established by the Inflation Reduction Act.

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

The Internal Revenue Service set the credit at $1.25 to $1.75 per gallon of fuel with a minimum reduction of 50% of GHGs.