IRS

The Internal Revenue Service is cautioning taxpayers to beware of the newly lowered threshold if they received payments amounting to as little as $600.

The agency aims to hire scores of auditors, but there's a nationwide shortage of accountants.

Reselling Taylor Swift tickets? You're going to have to pay taxes

Roughly 2.3 million U.S. taxpayers told the Internal Revenue Service they traded cryptocurrencies in 2020, data from the agency show.

The inspector general said that the service needs to be more focused in its goals for improving taxpayer digital communication.

When market investors suffer losses — or get taken for a ride — they're often eligible for a tax write-off to soften the blow. Users of the bankrupt crypto exchange FTX won't be so lucky.

For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.

Backlog remaining; changes from Election Day; no new clients; and other highlights from our favorite tax bloggers.

Democrats on the tax-writing House and Ways Means Committee are asking the Justice Department and the Treasury Inspector General for Tax Administration to investigate.

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

A former acting commissioner during the Obama administration is being nominated to fill Charles Rettig's spot.

The Internal Revenue Service had 4.4 million unprocessed individual returns received this year as of Oct. 28.

Tax professionals have been clamoring for more detail and clarity regarding whether (and under what circumstances) corporations and partnerships must file Schedules K-2 and K-3, particularly where they have little or no foreign activity and shareholders or partners.

New clients and next season's fees; CP504's 'real' meaning; cropping out; and other highlights from our favorite tax bloggers.

The service will now enable 403(b) retirement plans to use the same retirement plan determination letter program currently employed by qualified retirement plans.

The office also wants to get continued input from tax pros.

The Internal Revenue Service's CI unit opened more than 2,550 criminal investigations and identified over $31 billion from tax and financial crimes.

The Internal Revenue Service released three notices asking for comments on the guidance it should issue related to some of the renewable energy-related provisions of the Inflation Reduction Act.

Estate tax collections in 2021 hit their highest levels since former President Donald Trump's tax cuts took hold, a stark trend reversal that experts attribute to one-off pandemic factors.

Direct Pay problem; fees, cautions for those starting out; new blog on the block; and other highlights from our favorite tax bloggers.