IRS

ERC questions; rethinking revenue; Ozempic and Wegovy; and other highlights from our favorite tax bloggers.

The agency and the Treasury Department two-year reprieve gives retirement advisors time to prepare — and a preview of upcoming guidance about Secure 2.0.

The IRS and the Treasury issued guidance on some of the requirements for claiming credits under the Inflation Reduction Act.

The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report.

For overpayments and underpayments, the rate will be 8% per year.

Five experts helped FP compile a big list of potential deductions and strategies surrounding retirement plans and business entity structures.

The Internal Revenue Service is giving people until 2026 to comply with a new requirement for Roth catch-up contributions.

Two Republican lawmakers are asking the Internal Revenue Service to explain what happened to microfilm cartridges filled with years' worth of taxpayer data that appear to have vanished.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

Employees weren't always following the rules when it came to talking to taxpayers instead of representatives like accountants and attorneys.

Lots of letters; sales tax and crumbling streets; a different look at due diligence; and other highlights from our favorite tax bloggers.

The institute sent comment letters requesting changes in two forms used to report on foreign trusts, and guidance on energy credits and advanced manufacturing investment credits.

Energy credits and a more responsive IRS seem to be the main talking points practitioners are hearing about.

The IRS announced that filing and payment deadlines will be moved back to February for those affected.

Heavy Highway Vehicle Use Tax Returns are due Aug. 31, the IRS warns.

Billionaire Steve Cohen is fighting the Internal Revenue Service's goal of having hundreds of money managers pay self-employment taxes.

The inspector general says the CCB is benefiting taxpayers, but needs clearer goals and performance measurement.

Billions of dollars later, the agency is claiming major improvements in service, technology and enforcement.

A new report says the service isn't effectively managing or resolving many of its remediation efforts.

Groups on both sides of the political spectrum are asking the agency to investigate their ideological opponents for misusing their tax-exempt status.