IRS

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

The IRS is warning taxpayers about the red flags that a 'charity' seeking donations may not be on the up and up.

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

Tax cuts and Mickey's slice; avoiding FBARs; COLA wars; and other highlights from our favorite tax bloggers.

In the wake of Hurricane Milton, the IRS is pushing back filing and payment deadlines.

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

The gap between taxes owed and paid increased to $696 billion in tax year 2022.

Disagreements with the IRS, while business as usual for CPAs, can be terrifying to the taxpayer.