IRS

The Internal Revenue Service updated its guidance for business travelers and their employers on the per diem rates for substantiating expenses, in light of the changes in the Tax Cuts and Jobs Act.

Preparations for you and your clients to make before Dec. 31

The service intends to make the criminal background checks and tax compliance checks it performs more consistent, with more up-to-date fingerprint information from the FBI.

Neil Fishman of the National Conference of CPA Practitioners shares the main issues that tax preparers should be paying attention to as the next filing season approaches.

Final regulations confirm that individuals who take advantage of the increased gift and estate tax exclusion amounts that are in effect from 2018 to 2025 under the Tax Cuts and Jobs Act won’t be adversely affected after 2025.

Technology, declining budgets and other factors are radically changing how and which tax returns get looked at.

In its annual report, the advisory committee also sees a need for more TCJA guidance.

Sexism in the code; partner unity; third parties preparing returns; and other highlights from our favorite tax bloggers.

Rev. Proc. 2019-46 reflects changes from the Tax Cuts and Jobs Act.

Accounting firm owners and partners who did not get their own tax returns in on time face losing their licenses, being expelled from their professional societies, losing their livelihoods and possibly being imprisoned.

The Internal Revenue Service is expanding its efforts to ensure businesses and individuals are paying their taxes, particularly payroll taxes, with in-person visits planned by revenue officers to more parts of the country, starting recently in Wisconsin and later this month Texas and Arkansas.

Internal Revenue Service Commissioner Chuck Rettig told an audience of tax professionals and accountants that he wants to hear from them about the impact of the far-reaching IRS reform legislation that Congress passed earlier this year.

A little-noticed decision by the Internal Revenue Service’s appeals unit may spell trouble for legendary investor Jim Simons, who’s embroiled in a multibillion-dollar tax dispute with the agency.

The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year.

Certain land donation deals that get hefty tax deductions will be under tighter scrutiny from Internal Revenue Service auditors.

Warren and realism; how partners slide; protecting clients’ cards; and other highlights from our favorite tax bloggers.

NCCPAP’s Stephen Mankowski shares the service’s plans on cyber awareness, implementing the Taxpayer First Act, new forms and more.

Leaders of tax enforcement authorities from the U.S., Australia, Canada, the Netherlands and the United Kingdom met this week to discuss ways to deal with tax crimes and tax evasion, particularly involving cryptocurrency.

The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules.

The Internal Revenue Service issued its annual inflation adjustments for retirement plans.