IRS

The Internal Revenue Service released on Thursday the 2018 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.

Declining manpower continues to sap the Internal Revenue Service’s ability to pursue criminal cases, as the number of new investigations dropped by 11 percent over the past year and recommendations for prosecution fell by 18 percent.

The Internal Revenue Service issued a warning Wednesday to taxpayers and tax professionals about a new email scam targeting Hotmail users in which the thieves try to steal personal and financial information.

Facebook Inc. is changing its tax structure so that it will pay taxes in the country where sales are made, rather than funneling everything through its Irish subsidiary.

Bitcoin’s gains and competition; deducting your holiday party; taxing research; and other highlights from our favorite tax bloggers.

Effectively immediately, tax pros must register through a new ID-proofing process.

Virtual currency owners experiencing the thrill of record high values should take note that the IRS is stepping up enforcement.

The service will pay 4 percent for over- and underpayments by individual taxpayers.

Justifying advisory fees; state-level changes under the radar; plans and animals; and other highlights from our favorite tax bloggers.

The Internal Revenue Service has issued a notice providing more time for partnerships, real estate mortgage investment conduits and some other types of businesses to file their returns.

Coinbase Inc. lost a bid to block an Internal Revenue Service investigation into whether some of the company’s customers haven’t reported their cryptocurrency gains.

A new report from the Government Accountability Office suggests the Internal Revenue Service should increase its efforts to collaborate with the tax preparation industry and state tax authorities in the battle against identity theft and tax fraud.

The pass-through tax bite; online holiday shopping and scams; assessing perk plans; and other highlights from our favorite tax bloggers.

A roundup of new IRS initiatives in data collection for the upcoming tax season.

A new revenue procedure provides a safe harbor allowing taxpayers to deduct costs for fixing deteriorating foundations.

A former Swiss banker was acquitted of helping U.S. clients dodge taxes, dealing prosecutors a dramatic loss in their efforts to hold individuals responsible after the government successfully targeted financial institutions.

Decisions and indecisions in firm leadership; new R&D directives; the looming season; and other highlights from our favorite tax bloggers.

The IRS has been sending signals since the summer that it will be enforcing the Affordable Care Act's employer mandate.

The advisory council's annual message says budget cuts are affecting service.

The Internal Revenue Service isn’t doing enough to ensure that Electronic Filing Identification Numbers are assigned to qualified applicants or deactivated when needed, according to a new report.