IRS

The Internal Revenue Service and the Treasury are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.

The lower threshold threatened to generate millions of new forms going out to unsuspecting taxpayers and their accountants.

The Inflation Reduction Act heavily modified the Section 179D Energy Efficient Commercial Building Deduction and the Section 45L Energy Efficient Home Credit.

The Internal Revenue Service would be legally mandated to annually audit the president and publish the results under legislation passed by the House.

The Internal Revenue Service is responding to feedback on its draft form and instructions for Schedule UTP for reporting uncertain tax positions by making some changes for next tax season.

The Internal Revenue Service's Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to a new report.

The service released a set of FAQs about recent changes to tax incentives for energy efficient home improvements and residential clean energy property.

The Internal Revenue Service won't meet its goal of catching up on its backlog of millions of unprocessed tax returns by the end of this year.

As 2023 comes into view, the specter of 87,000 new IRS employees has gotten the attention of accountants and bookkeepers — as well as small and midsized business owners.

The move caps a three-year legal saga initiated by Democrats to obtain and release the former president's closely held financial documents.