IRS

Starting this month, users selling goods and services through such popular sites as Venmo, Etsy and Airbnb will begin receiving tax forms if they take a payment of more than $600.

National Taxpayer Advocate Erin Collins expressed deep concerns Wednesday about the upcoming tax filing season in her annual report to Congress on the 2021 filing season.

The service has updated the information on its FAQ page for the CTC and advance CTC payments.

Accountants go meta; muddy start to the season; the controller as preparer; and other highlights from our favorite tax bloggers.

The nine new representatives represent a wide range of stakeholder constituencies.

Barry Melancon is warning that the backlog at the service threatens to make this tax season a difficult one for tax professionals and their clients.

When filing season begins in two weeks, taxpayers should be prepared for delays as returns and refunds are processed, and for difficulties in reaching the IRS.

The IRS will begin processing and accepting 2021 returns on Monday, Jan. 24, with a filing deadline of Monday, April 18.

The Internal Revenue Service has updated its guidance on claiming the Recovery Rebate Credit and issued a report Friday on how it responded last year to the COVID-19 pandemic.

The Biden administration is poised to specify which cryptocurrency firms will be forced to report reams of customer data to the Internal Revenue Service, said people familiar with the matter.