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The new commissioner lauded the agency's performance this filing season, thanks to the extra funding from last year's Inflation Reduction Act.

The requirements to qualify include final assembly in North America and sourcing some critical minerals and battery components here.

As the economy stays on shaky ground, middle-market organizations are opening up the company purse and making smart investments.

Some practitioners are advising clients to take advantage of Roth IRA conversions, but to tread carefully with the latest advances in artificial intelligence, as tax season nears an end.

The Treasury Inspector General for Tax Administration gave mixed reviews to the IRS on its technology program, saying it has done some things well and some things poorly.

Silicon Valley Bank overinvested in long-term bonds, so there was a high likelihood that those bonds would have to be sold prior to their maturity.

Inspectors with the board listed their top priorities for inspections this year in a new staff report.

The war for talent goes on, but there are creative solutions available for bold firms, according to Jeff Phillips.

While a securities-based loan is more commonly used to buy a fancy house or take a dream vacation, it's also an underused strategy for some affluent investors to pay large tax bills.

The service wants to hire more accountants, lawyers and other professionals to focus on high-income taxpayers and large corporations.