IRS

The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.

Waiting for refunds; EIP debit cards; using state-level OICs; and other highlights from our favorite tax bloggers.

The live-streamed webinars will start in July.

Grant Thornton appoints leaders of 18 offices; Clayton & McKervey introduces PPP consulting services; and more CPA news.

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

Mute points; a twist on taking the AOTC; abolishing estate exclusions; and other highlights from our favorite tax bloggers.

The Internal Revenue Service’s Criminal Investigation unit spent more than $1.3 million in fiscal year 2018 on undercover confidential operations, including travel costs, according to a new report.

The application from the Treasury leaves many questions unanswered.

The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.

The Internal Revenue Service is bringing in more help to deal with the flood of calls about economic impact payments.

Tax practitioners share the questions they’re getting asked most, and how they’re answering.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

The IRS is aiming to clarify some of the ramifications of the TCJA.

Padgett Business Services’ Roger Harris suggests some exceptions for employers with fewer than 50 staff.

Residents of states such as Utah, Idaho and South Dakota collected average stimulus payments topping $1,800.

The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.

More PPP details; virtues of reading instructions; the IRS slowly returns; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is giving taxpayers who want to receive their economic impact payments by direct deposit a tight deadline.

The decision, prompted by requests from a bipartisan group of lawmakers, reverses previous IRS guidance.

The guidance says some deductions of estates and non-grantor trusts are not considered to be miscellaneous itemized deductions.