IRS

Financial advisors and tax pros say the exemption poses a lot of complexity — and substantial savings. But it could go away at the end of next year.

Guy Ficco, the current deputy chief of IRS CI, will be the new chief, succeeding Jim Lee.

Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.

R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.

Criminals are exploiting networks of innocent people to move illicit funds between bank accounts, currencies and blockchains in an effort to evade law enforcement.

The pilot program is expanding in the 12 states where it's available.

A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from U.S. tax authorities over 35 years.

The fate of the Child Tax Credit is in the hands of the Senate, but the IRS is ready to implement changes rapidly if the bill is passed.

Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.

New York State and the Internal Revenue Service have developed a new program that allows eligible New Yorkers to e-file their federal and state personal income tax returns for free.

Taxpayers who exit the tax system by not filing a required return have emerged as a growing and under-the-radar problem for the IRS.

The IRS has released two new sets of regs and guidance on different credits.

CTA unconstitutional; AI and your practice; 30 years and counting; and other highlights from our favorite tax bloggers.

Financial advisors and tax professionals say many clients get too fixated on April 15 without understanding the benefits and ease of pushing back the deadline.

The regulatory environment around accounting is getting stricter, as the IRS, the SEC and the PCAOB crack down.

The IRS is planning to offer its free tax prep system around the clock next week and open it to a larger group of outside testers.

A new GAO study adds more fuel to the research suggesting the agency should be probing more rich households. Tax pros say those efforts will have big implications.

The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017.

The IRS has pushed back filing and payment deadlines for those affected by the August fires.

The tax authority is drafting final regulations that would require crypto brokers, including exchanges, to report detailed information on their clients' transactions.