IRS

The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.

If a political appointee tried to demand a probe of a left-wing donor, they would not only violate the law but also trigger a criminal reporting requirement.

Affected taxpayers in the Dakotas now have a later date for filings and payments.

Democrats are asking TIGTA to investigate reports that the administration plans to have the Internal Revenue Service target left-leaning nonprofits and donors.

Responding — or not — to jurisdictions' notices; pitfalls of growth; e-invoicing; and other highlights from our favorite tax bloggers.

Sens. Ron Wyden, Chuck Schumer and Elizabeth Warren want to know how Frank Bisignano can simultaneously run the IRS and the Social Security Administration.

The agency also saw a more than 1% jump in the total number of tax returns received and processed.

The Internal Revenue Service is proposing to remove the domestic corporation look-through rule for real estate investment trusts controlled by foreign investors.

The Internal Revenue Service is confronting a daunting array of management and performance challenges in fiscal year 2026, according to a new report.

A well-structured written information security plan is essential for complying with federal and state regulations, maintaining client trust and upholding professional credibility.

The National Taxpayers Union Foundation is asking the Internal Revenue Service to modify the proposed regs for the "no tax on tips" part of the One Big Beautiful Bill Act,

Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill Act.

The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the processing of Employee Retention Credits.

The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending transactions and sale-repurchase transactions.

The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown.

The Senate passed the Internal Revenue Service Math and Taxpayer Help Act despite the government shutdown, sending it to President Trump for his signature.

Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.