IRS

As clients' businesses evolve, it sometimes makes sense for them to change how their companies are taxed.

Michael Saylor's Strategy will implement new accounting for crypto assets, where changes to the value of its Bitcoin holdings will go on the income statement.

The last Trump administration placed limits on new federal regulations, and it seems reasonable to expect more of the same.

Future of the IRS; the VAT obstacle; awaiting results; and other highlights from our favorite tax bloggers.

At least one rule enshrined by President Biden's administration appears safe under President Trump's team. Here's how a 2019 law changed taxpayer disputes.

TIGTA report suggests the IRS needs to do more to enable whistleblowers to report on fraud, waste and abuse, even if they've signed nondisclosure agreements.

The Internal Revenue Service made progress on its customer service and systems last year, but it's still facing challenges with processing tax returns on time.

Senate Finance Committee chairman Mike Crapo, R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft of bipartisan legislation.

The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft.

Inside the IRS's recent focus on broker reporting of digital asset transactions and the Form 1099-DA.

The limits of DOGE; big pharma and the TCJA; soda tax misaimed; and other highlights from our favorite tax bloggers.

The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over $20 billion in budget cuts.

The IRS doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.

TikTok and taxes; future of L.A. revenues; engagement limits; and other highlights from our favorite tax bloggers.

President Trump signed a series of executive orders after his inauguration, including a hiring freeze for federal government workers, particularly at the IRS.

Three pilot programs aim to increase the use of 'fast-track settlement' in the agency's different divisions.

The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.

IRS Commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.

Two leaders exit SEC; Illinois CPA Society welcomes largest class of Mary T. Washington Wylie Internship Preparation Program scholars; and more news from across the profession.

The Internal Revenue Service released guidance on the tax treatment of contributions and benefits from state paid family and medical leave programs.