IRS

Taxpayer defined; W-4 2.0; cryptocurrency and FBAR; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is automatically waiving the estimated tax penalty for hundreds of thousands of eligible taxpayers.

Firms are helping their clients keep track of Bitcoin and Ethereum assets and transactions, as well as the tax consequences, according to a new report.

The Treasury Department and the Internal Revenue Service have released on Friday a redesigned Form W-4 for tax year 2020, making a number of changes to earlier draft versions of the form after hearing complaints from tax professionals.

Real estate investors who want to maximize the return on investment will reap extra tax breaks this year, but still need to be cautious.

Accountants may see some of their business clients getting caught up this summer in IRS activities to enforce the Affordable Care Act.

The Internal Revenue Service has built “cash rooms” to receive federal taxes paid by marijuana companies.

French lessons; our tax system, by the numbers; return of the 1099-NEC; and other highlights from our favorite tax bloggers.

Enrolled agents with SSNs ending in 0, 1, 2 or 3 need to re-up.

The IRS is looking for Form 2290 from heavy-vehicle users.

The Internal Revenue Service is replacing its old online tax withholding calculator and making it easier for taxpayers to determine how much in taxes they should withhold.

The Internal Revenue Service hasn’t done enough to improve its procedures for reviewing amended tax returns to reduce erroneous and fraudulent tax refunds, according to a new report.

More than 10,000 cryptocurrency investors face a decision as they open letters from the Internal Revenue Service informing them that they may owe taxes on their digital holdings.

Taxpayers can make a late election, or revoke an earlier election, for the tax break for property they have acquired for a business.

A federal judge in Montana overturned an Internal Revenue Service rule that would allow many political nonprofit groups to keep their donor lists private.

The cost of lipstick; making meetings effective; virtual warnings; and other highlights from our favorite tax bloggers.

As the original National Taxpayer Advocate, Nina Olson, retires, practitioners want someone to build on the strong foundation she created.

Tax reform brought plenty of problems, but some were pleasantly surprised.

Secretary of Education Betsy DeVos is calling on Congress to allow the Internal Revenue Service to give the Department of Education information on the income of student loan borrowers, warning that student loan applicants are misrepresenting their income and family size to qualify for reduced payment plans.

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.