IRS

The revenue-raising provision of the Tax Cuts and Jobs Act took effect despite efforts to extend the tax break.

If the 'secondary' spouse makes a balance-due payment to the IRS, it may not get credited to their account.

Notice 2023-2 offers interim guidance on the 1% tax introduced by the Inflation Reduction Act of 2022.

New notices and a new FAQ clarify some of the provisions of the Inflation Reduction Act for qualifying for the Clean Vehicle Credit.

A new FAQ from the IRS on the Clean Vehicle Credit suggests some flexibility on rules requiring the cars to be made in North America.

The service upped the rate for business use, but left medical, moving and charitable rates the same.

Fact Sheet 2022-41 now reflects the decision to move back the switch to a much lower reporting threshold.

What did and didn't make it into the bill; Shopify and sales tax; why the IRS dawdled; and other highlights from our favorite tax bloggers.

The new notices offer temporary clarity around two provisions of the Inflation Reduction Act of 2022, on the corporate AMT and the stock repurchase excise tax.

At issue is whether the IRS needs to tell taxpayers when it gathers information about their bank accounts and other records.