IRS

The Internal Revenue Service initiated a temporary change in policy Monday for U.S. residency applications for the next two years.

Despite offering less in the way of legal protections, the service uses lien foreclosures more often, according to a TIGTA report.

A district court has vacated IRS Notice 2016-66, which designated micro-captive insurance arrangements as “transactions of interest,” and thus reportable.

Backlogs at the IRS and bearing bad news can be challenging, but it’s no more than preparers expected.

The service has been auditing the poorest wage earners more than higher-earning taxpayers, according to an updated report.

The NTA issued a directive calling on the service to implement scanning technology as a way to reduce the backlog of unprocessed tax returns by 2023.

Return of an audit; transforming tax proposals; virtual guidance; and other highlights from our favorite tax bloggers.

The service had denied deductions for eco-friendly model home because of occasional personal use by the owners.

Investors and their CPAs need to be aware of the depreciation rules that apply to the short-term rental market.

New rules from the IRS around required minimum distributions address changes from the SECURE Act.