IRS

The service hopes to use voice recognition to curb the use of robocalling services as a way to cut to the front of the line on phone calls to the Practitioner Priority Service.

The Internal Revenue Service is boosting the amount that Americans can plow into their retirement plans next year amid a surge in inflation.

The hurricanes made it impossible for many taxpayers to meet the Oct. 17 and other impending tax deadlines.

The Internal Revenue Service has raised tax brackets and the standard deduction by about 7% for 2023 as the soaring cost of food, energy and housing continues to batter Americans.

The Internal Revenue Service's Criminal Investigation unit has been working with the Justice Department to uncover billions of dollars in fraud related to pandemic relief programs.

Inflation adjustments to tax brackets mean many Americans will owe less money to the IRS. But persistent inflation may erode the boost.

The IRS has given cryptocurrency holders a bit more clarity about how to report digital assets on their 1040 income tax forms.

More than 60 tax provisions are going up, according to Rev. Proc. 2022-38.

Rettig speaks; FASB on crypto; going public; and other highlights from our favorite tax bloggers.

An IRS proposal has spawned confusion about whether non-spousal heirs to Roth plans need to take RMDs before draining the accounts after 10 years.

An extra $80 billion over 10 years will have major repercussions — though not necessarily the expected ones.

Nonprofit organizations lose an estimated 5% of their revenue each year to fraud.

The Internal Revenue Service is sending out letters this week to more than 9 million potentially eligible families who didn't previously claim economic impact payments or tax credits.

The transition period has now been extended through Jan. 10, 2024 in which taxpayers are afforded a full 45 days to perfect a R&D tax credit claim for refund.

The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.

PPP misrepresentation; rebuilding clients' basis; what you're doing wrong; and other highlights from our favorite tax bloggers.

Beneficiaries won't get hit with a 50% penalty for not making withdrawals in 2021 and 2022 — an unexpected move by the IRS. But questions still remain.

While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.

The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.

The Criminal Investigation unit in Mexico City helped locate 79 criminals in Mexico, Belize, El Salvador, Guatemala and Honduras in the past fiscal year.