IRS

Tax professionals have been clamoring for more detail and clarity regarding whether (and under what circumstances) corporations and partnerships must file Schedules K-2 and K-3, particularly where they have little or no foreign activity and shareholders or partners.

New clients and next season's fees; CP504's 'real' meaning; cropping out; and other highlights from our favorite tax bloggers.

The service will now enable 403(b) retirement plans to use the same retirement plan determination letter program currently employed by qualified retirement plans.

The office also wants to get continued input from tax pros.

The Internal Revenue Service's CI unit opened more than 2,550 criminal investigations and identified over $31 billion from tax and financial crimes.

The Internal Revenue Service released three notices asking for comments on the guidance it should issue related to some of the renewable energy-related provisions of the Inflation Reduction Act.

Estate tax collections in 2021 hit their highest levels since former President Donald Trump's tax cuts took hold, a stark trend reversal that experts attribute to one-off pandemic factors.

Direct Pay problem; fees, cautions for those starting out; new blog on the block; and other highlights from our favorite tax bloggers.

Padgett Business Services' Roger Harris urges a broader perspective on how the agency should spend its $80 billion windfall.

The draft instructions may clear up some confusion, adding a new domestic filing exception.