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New rules from the IRS around required minimum distributions address changes from the SECURE Act.
March 29Wolters Kluwer Tax & Accounting -
The Internal Revenue Service is suspending a number of notices it usually mails to tax-exempt organizations and governmental entities when it’s missing their tax returns, citing the pandemic and the IRS’s own backlog of unprocessed tax returns and correspondence.
March 28 -
The Internal Revenue Service updated its frequently asked questions page on how tax professionals should deal with the third round of Economic Impact Payments for their clients.
March 25 -
Over three-quarters of the audits conducted by the Internal Revenue Service under its centralized partnership audit regime resulted in no change in taxes, according to a new report.
March 25 -
The IRS warned Friday of a fast-approaching deadline for $1.5 billion in unclaimed tax refunds for 2018, which need to be claimed before the mid-April tax deadline.
March 25 -
And as many as 644,000 eligible taxpayers may not have gotten their checks, according to a new TIGTA report.
March 25 -
Despite ongoing challenges, your practice's busy season doesn’t need to be a disaster.
March 25 -
The billionaire facing the largest U.S. tax-evasion case against an individual slammed the Internal Revenue Service for emptying his wife’s bank account as it seeks to collect $1.45 billion from him.
March 25 -
Computer programming errors, which the Treasury Inspector General for Tax Administration had previously warned them about, led to more than 60,000 erroneous stimulus payments.
March 25 -
The service needs to make changes in its management of taxpayer accounts to reduce the backlog of millions of unprocessed tax returns, according to a new report.
March 24