IRS

Gathering, organizing and ensuring data consistency, particularly among disparate databases, can be challenging for organizations that are required to submit to the IRS employer reporting under the Affordable Care Act mandates.

The Treasury Department has issued a notice proposing to rescind or modify eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations.

The Internal Revenue Service and its Security Summit partners in state tax agencies and the tax industry have begun a new education campaign for tax professionals warning them against phishing emails.

Phone-sex workers sue for wages; American sports and betting; 10 states without budgets; and other highlights from our favorite tax bloggers.

Just because you have years of experience in an activity and have made an occasional profit at it doesn’t mean you have a profit motive, according to the Tax Court. And without a profit motive, you don’t get to deduct losses from the activity.

The Internal Revenue Service has created a new section on its IRS.gov website dedicated to information on the Country-by-Country Reporting rules of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting project, which aims to discourage tax avoidance by multinational companies.

Not all tax pros are rejoicing about the court ruling striking down fees for the ID number.

The Internal Revenue Service has opened a probe into the tax-exempt status of a charity funded by pharmaceutical companies, threatening a lifeline the industry uses to help patients buy expensive drugs for cancer, multiple sclerosis and other diseases.

The Electronic Tax Administration Advisory Committee is recommending ways for the Internal Revenue Service to combat tax fraud and identity theft with better cybersecurity.

National Taxpayer Advocate Nina Olson said in a report Wednesday the Internal Revenue Service ran a generally successful filing season this year, but it needs to assign more employees to taxpayer service instead of enforcement.

The new hot thing in tax avoidance has a boring old name: insurance dedicated funds.

‘Nobody likes lawyers;’ attacks on the CBO; so you want to be a tax preparer?; and other highlights from our favorite tax bloggers.

Four Senate Democrats have written a letter to one of the companies hired by the Internal Revenue Service to collect tax debts after complaints that some of its employees encouraged people to use money from their 401(k) retirement funds or take out a second mortgage to pay off their tax debts.

The Internal Revenue Service, along with state tax agencies and the tax industry, is cautioning tax preparers to beware of a new phishing scheme revolving around emails claiming to be from a tax software education provider.

The IRS is warning a new set of Individual Taxpayer ID Number holders to renew.

The number of victims of employment-related identity theft is far larger than previously estimated and the Internal Revenue Service’s processes aren’t able to keep up, according to a new report.

The Internal Revenue Service reopened its Preparer Tax Identification Number system Wednesday after closing it earlier this month because it lost a lawsuit over registration and renewal fees. 

Madoff victims still wait; suing the IRS anonymously; where tax dollars go; other highlights from our favorite tax bloggers.

The Internal Revenue Service has issued a memorandum for its field examiners instructing them that frequently asked questions and other items posted on the agency’s IRS.gov site that have not been published in the Internal Revenue Bulletin are not considered to be legal authority.

The Tax Court rules that a corporation doesn’t qualify as an ‘individual’ when it comes to tax troubles.