IRS

The institute has asked the IRS and the Treasury to issue a notice clarifying that relief will also apply to S corporations.

Many dark money groups that raise funds for political and social causes and don’t pay taxes aren’t notifying the Internal Revenue Service of their intent to operate as tax-exempt organizations under section 501(c)4 of the Tax Code and haven’t been penalized, according to a new report.

The average U.S. household is paying an annual surtax of more than $3,000 to subsidize taxpayers who aren’t paying all they owe, a new report from the Taxpayer Advocate Service found.

U.S. prosecutors recommended a three-month prison sentence for a former Internal Revenue Service analyst who pleaded guilty to illegally disclosing suspicious activity reports related to the private banking information of Michael Cohen, the former personal lawyer of President Donald Trump.

The Internal Revenue Service debuted a new Gig Economy Tax Center on its IRS.gov website to help taxpayers who work with companies like Uber and Airbnb meet their tax obligations.

Avoid some of the problems that can come up during an audit by using the wrong words.

The IRS’s new anti-fraud filters are unnecessarily flagging millions of tax returns and delaying legitimate tax refunds for weeks or months.

Top posts of last year; decades of breaks; parenting credits; and other highlights from our favorite tax bloggers.

The Internal Revenue Service’s announcement last month delaying a requirement for reporting partners’ share of partnership capital offers some extra time to busy tax practitioners, but the issue still isn’t going away and may lead to some other problems.

The annual report looks back at 2019, while also detailing the agency's plans for the future.

Filing will begin on Monday, Jan. 27, 2020.

Candidates and credits; best of Twitter; smoothing out next season; and other highlights from our favorite tax bloggers.

Affordable Care Act compliance requirements remain for 2019 tax returns.

The Internal Revenue Service issued the 2020 optional standard mileage rates that taxpayers and tax professionals can use to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The Internal Revenue Service has signed a new agreement with Free File, Inc., formerly known as the Free File Alliance, after controversy erupted during tax season this year over the difficulty of finding free versions of consumer tax filing software like TurboTax.

For tax year 2018 filings, the IRS made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners.

For the first time in more than five years, the IRS released further cryptocurrency tax guidance.

Data from the IRS helps set the stage for a global battle over taxing businesses.

The new regs clarify what property and businesses will qualify for the tax break.

The company claims a huge amount of fuel taxes were improperly collected.