IRS

The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.

The Internal Revenue Service's Independent Office of Appeals hopes to improve both service and the experience of its workforce.

The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.

Brown Schultz Sheridan & Fritz renames firm; Weaver moves into new Texas office; and more news from across the profession.

The Internal Revenue Service is continuing to combat scammers and promoters encouraging businesses to file claims for the tax credit.

Abandoning crypto; Moore; why the deficit balloons; and other highlights from our favorite tax bloggers.

The most influential people in the field, as chosen by their peers.

The Internal Revenue Service crime unit that played a leading role in the Binance Holdings Ltd. probe is seeing a surge in cases involving crypto-related tax evasion.

The Internal Revenue Service needs to do a better job of keeping track of employees who are arrested by law enforcement and notifying their colleagues, according to a new report.

The Internal Revenue Service's Criminal Investigation unit identified $37.1 billion in tax and financial crimes in fiscal year 2023, exceeding the previous year.

An anonymous tipster helped the agency catch more than 100 high net worth individuals who paid a combined $71 million in previously avoided taxes.

The IRS's Western Cyber Crimes Unit played a major role in the case, which was recently settled for over $4 billion.

The service is warning taxpayers to be on the lookout for charity fraud as accountants look to advise clients on how to detect and avoid fraud.

Sanctions list; getting out of the Market; why oh Y; and other highlights of recent tax cases.

ERC red flags; moving to the cloud; security and the holidays; and other highlights from our favorite tax bloggers.

The lower 1099-K threshold will produce millions more forms to be sent to taxpayers, and may prompt many to abandon online marketplaces and gig economy jobs.

A short window won't necessarily stop lawmakers from proposing or introducing new legislation, though — if only to position themselves ahead of next November's election.

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

Bumping the 1099-Ks; nonsensical language; showing your appreciation; and other highlights from our favorite tax bloggers.

The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.