IRS

Rev. Proc. 2019-48 lays out the new rates for taxpayers who don't want to substantiate their actual expenses.

NASBA selects executive vice president; KPMG releases 2024 CEO Outlook Survey; and more news from across the profession.

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report.

National Taxpayer Advocate Erin Collins issued a mea culpa admitting to the findings of a recent report faulting the Taxpayer Advocate Service that she runs for slow responsiveness to taxpayers.

The Internal Revenue Service cautioned taxpayers to steer clear of promoters who claim their services are needed to handle unpaid debts, saying such businesses often charge excessive fees and often produce no results.

The Internal Revenue Service has proposed guidance on the credit, which was modified by the Inflation Reduction Act.

Three people shared the award after disclosing an offshore tax-evasion scheme that spanned 15 years, enabling the IRS to collect $263 million from an unidentified individual.

After the leaking of Donald Trump's and a number of billionaires' tax info, House lawmakers voted to stiffen the penalties for unauthorized disclosures.

Projected brackets; the remote debate; relief and refunds; and other highlights from our favorite tax bloggers.

The Internal Revenue Service issued final regulations on consistent basis reporting between an estate and a person acquiring property from a decedent.

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

The IRS has postponed payment and filing deadlines for those affected by the storm.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.

The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.

The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution's Excessive Fines Clause.

The Internal Revenue Service is more diverse than many workplaces, but more can be done, especially in the upper echelons, according to a new report.

The handoff of a company carries important tax implications alongside a plethora of succession challenges. Here's what financial advisors need to talk about with clients.

In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.