IRS

New guidance on the temporary 100% deduction is available in Notice 2021-63.

The service agreed to ease its policies for low-income taxpayers who are trying to settle their tax debts and still get tax refunds.

Legislators are anticipating the Congressional Budget Office projections, which will be released by Friday.

The tool will help U.S. withholding agents comply with their reporting and withholding responsibilities with Form 1042-S.

The service’s recent move to set new requirements for claiming refunds on research tax credits is provoking an uproar among tax professionals.

The backlog of unprocessed returns has prompted the TAS to reject requests for assistance where the only issue involves amended returns.

The service released its annual inflation adjustments Wednesday, including the standard deduction amount for individual and married taxpayers.

A major IRS enforcement boost will likely be omitted from a forthcoming top-line revenue estimate of Democrats’ tax-and-spend package.

Infrastructure and crypto; how pros would tackle tax policy; withholdings and non-resident employees; and other highlights from our favorite tax bloggers.

Officials shared information on mid-February returns, preparing for next tax season, and more.