IRS

NFT guide; levels of the IRA; new blog in town; and other highlights from our favorite tax bloggers.

Certain wealthy people have placed big bets on the companies that made them rich for decades without the IRS objecting.

The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.

Gary Harmon was charged after 713 digital tokens, then worth almost $5 million, disappeared from a hardware wallet in an IRS evidence locker as authorities watched helplessly.

The agency plans to return to pre-pandemic levels of service next filing season.

40 critical regulations, court decisions, laws, IRS proposals and other major changes to the tax landscape from the past 12 months.

Billionaire hedge fund manager Ken Griffin sued the Internal Revenue Service, claiming it failed to protect his confidential financial information.

Changing the dates; forms and functions; under development; and other highlights from our favorite tax bloggers.

Plus, other updates from the agency around the Practitioners Priority Service, the Information Return Intake System and more.

Unlike stocks, digital currencies aren't hit by the wash-sale rule — a major opportunity to turn lemons into lemonade.

A new revenue procedure explains the processes that manufacturers and sellers need to follow to be eligible for tax credits.

The heads of tax authorities in five countries are busting companies using electronic sales suppression software to evade sales and value-added taxes.

The National Association of Enrolled Agents is urging the Internal Revenue Service to use its increased funding to fix the Practitioner Priority Service.

Preparers' fault; lucky or otherwise; maybe; and other highlights from our favorite tax bloggers.

A recent study has found a correlation between tax scrutiny of digital assets and the use of tax loss harvesting as a compensating measure.

The service is reacting to recent court decisions challenging its ability to classify the investments as abusive schemes.

The Internal Revenue Service and the Treasury issued a notice on labor requirements for enhanced tax benefits under the Inflation Reduction Act.

The inspector general's investigation found no evidence that the former FBI leaders' returns were chosen deliberately.

The gift of finances; scaling a firm; new blog on the block; and other highlights from our favorite tax bloggers.

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.