IRS

The Internal Revenue Service said that the funds should have annual fees and expenses of no more than 0.1%.

The Internal Revenue Service is providing 'outstanding service' this season, according to CEO Frank Bisignano.

Micro-captive insurance plans under the Internal Revenue Code are providing small businesses in California the ability to rebuild faster after wildfires.

Department of Homeland Security staff who are affected by the current shutdown now have until May 15 to file and pay their taxes.

The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.

For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.

The expansion of cryptocurrency, stablecoins and tokenized assets means more complexity at tax time, including a brand-new form to manage: 1099-DA.

March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers.

The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.

A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.

Tax preparers are guiding clients through the last weeks of an active filing season.

The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.

Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers.

Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.

The Internal Revenue Service's efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.

The Internal Revenue Service vastly overstated the projected costs of operating the free tax prep program before terminating it, according to a new report.

The Internal Revenue Service issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.

More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.

The IRS issued a notice extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency.

Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers.