IRS

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.

The Internal Revenue Service projects that lower levels of employment in the U.S. could persist for years, showcasing the economic fallout of the coronavirus pandemic.

House Ways and Means Chair Richard Neal wants the IRS to quit sending balance due notices for now.

Working at home and tax breaks; yet more PPP; down under; and other highlights from our favorite tax bloggers.

The Internal Revenue Service and the Treasury plan to send interest payments averaging $18 to approximately 13.9 million taxpayers.

The IRS is warning about the next round of annual expirations.

The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.

The Internal Revenue Service is giving taxpayers a break if the checks they mailed in to pay their taxes still haven’t been opened up yet and are sitting in the trailers the IRS set up during the pandemic.

The Internal Revenue Service is giving parents another chance to list their kids so they can receive an extra $500 per child in economic impact payments under the CARES Act.

Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.

The IRS is reminding truckers and others that the Form 2290 is due at the end of the month.

The American Institute of CPAs has sent a letter to top officials asking for more guidance on the president's executive order.

One tax expert says the IRS proposals run contrary to the intent of the laws they’re supposed to be implementing.

Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month.

President Donald Trump’s order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and potentially put themselves or their employees at risk of a big end-of-year bill from the IRS.

Reopening the IRS; wording a referendum; the season that won’t end; and other highlights from our favorite tax bloggers.

In its first-ever annual report, the division shared its major focuses and top initiatives from FY 2019.

A man from St. Simons Island, Georgia, has been indicted for threatening to use a pipe bomb on an Internal Revenue Service building in New York.

Businesses donating to charitable funds in exchange for a state tax credit can deduct those costs from their federal taxes, according to regulations released on Friday.

The Internal Revenue Service is giving extra time to companies that make and sell sport fishing and archery equipment to file and pay their excise taxes due to the novel coronavirus pandemic.