IRS

The agency is hoping to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.

Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.

The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.

The IRS is pushing back both filing and payments deadlines for impacted taxpayers.

The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.

The rich and the audits; after Beryl; just ask; and other highlights from our favorite tax bloggers.

The Government Accountability Office recently found that some populations may be getting selected for IRS audits at a higher rate than others.

The Internal Revenue Service has stepped up efforts to combat dubious tax advice promoting schemes involving the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes.

Test your accounting knowledge on identity theft, sales tax reliance, and more. No. 2 pencil not required!

The Internal Revenue Service issued a warning cautioning taxpayers to beware of a new scam involving the purchase of clean energy tax credits.

The IRS's Large Business and International Division is providing companies that claim tax credits for renewable energy and electricity projects an expedited way to report them.

Post-Chevon; sending your marketing out; new blog in town; and other highlights from our favorite tax bloggers.

The end of Chevron deference, shifting IRS policies and other major changes to the tax landscape.

The Internal Revenue Service issued a warning to tax professionals to be on guard against the identity thieves who are targeting them and their clients.

The IRS agreed to reduce one of its tax claims from about $649 million to $43 million related to resolution of a dispute over SVB's use of a "mark-to-market" accounting method to value certain financial products.

The IRS and Treasury Department released final regulations on how companies and tax pros should report and pay the 1% excise tax on corporate stock repurchases.

The Treasury and the Internal Revenue Service issued final regulations on reporting by brokers on dispositions of digital assets such as cryptocurrency for customers in certain sale or exchange transactions.

The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.

Some participants will get a letter next month outlining a potential settlement offer.

An influential advisory committee to the Internal Revenue Service is asking Congress to regulate noncredentialed tax preparers and boost funding for the IRS and the National Taxpayer Advocate.