IRS

The tax break allows businesses to write off most depreciable business assets during the year they are placed in service.

Practitioners share how — and why — they help clients handle issues with tax authorities.

The Internal Revenue Service isn’t doing enough to audit corporate mergers and acquisitions and is wasting tens of thousands of days on cases that aren’t likely to generate more tax dollars.

Preparer penalties; busted Congress; new NTA on passport certification; and other highlights from our favorite tax bloggers.

The Internal Revenue Service needs to have a better strategy for determining the tax compliance or noncompliance of corporations that do mergers and acquisitions, according to a new report.

The IRS considers Bitcoin and other virtual currency to be property and not fiat currency.

Some expatriates who have relinquished their U.S. citizenship will have the chance to comply with their U.S. tax and filing obligations and in turn qualify for relief from back taxes, penalties and interest.

Tax-exempt organizations, including many political groups, will be able to avoid disclosing the names of their contributors, despite a recent court decision.

The Internal Revenue Service isn’t doing enough to address billions of dollars worth of potentially erroneous carryforward tax credits and deductions claimed by businesses, according to a new report.

Disasters and deductions; SE biz records; putting the green in green; and other highlights from our favorite tax bloggers.

A new study from TIGTA finds the number of identity theft cases investigated has dropped drastically.

With the storm threatening to hit the state of Florida after passing through parts of Puerto Rico and the Virgin Islands, the IRS sent a reminder Thursday.

NCCPAP's Neil Fishman shares the top issues facing the tax practitioner community.

The Internal Revenue Service has fired its loudest warning shots yet across the bows of crypto investors.

The former Soviet republic of Georgia is another jurisdiction where interest payments must be reported.

Fault in the age of e-filing; the latest scam; barks and breaks; and other highlights from our favorite tax bloggers.

Taxpayers’ personal information and tax account data remain at risk of being leaked from the Internal Revenue Service’s computer networks despite progress on a data loss prevention program, according to a new report.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.

The Internal Revenue Service and the Treasury Department issued a notice saying they intend to issue regulations for determining global intangible low-taxed income.

Criminals are sending unsolicited emails with subject lines like “Automatic Income Tax Reminder” or “Electronic Tax Return Reminder” that appear to come from the IRS.