IRS

With football season now underway, the Internal Revenue Service's Criminal Investigation unit is urging taxpayers to play by the rules when it comes to sports betting.

The unchanged tax code; AI hype; M&A promise; and other highlights from our favorite tax bloggers.

The state of Maryland has become the latest to sign up for the IRS Direct File program for filing season 2025, offering residents a free way to file their taxes.

Find out more about the latest guidance and procedure changes out of the IRS and what they mean for the industry at large.

Revenue Procedure 2024-34 expands the waiver of the eligibility rules to accounting method changes.

The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022.

Tax professionals are calling for changes to the proposal, even though they welcome clarifications they have been waiting on for decades.

Transfer pricing, Pillar Two, GLAM and more are important considerations.

The Treasury Department directed the IRS not to use any additional Inflation Reduction Act funds to increase audits on small businesses or households earning less than $400,000.

The IRS has received over 800 project proposals seeking over $40 billion in credits.

TIGTA recommended that the IRS review its procedures for examining for large complex taxpayers.

Property owners, entrepreneurs and parents can tap into savings available through credits, deductions and exemptions during the sunny season.

The IRS is pushing back filing and payment deadlines for those impacted by the storm on all four islands.

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

Useful tips; pets and tax bills; becoming simply profitable; and other highlights from our favorite tax bloggers.

Taxbit announced it now offers comprehensive support for the new Form 1099-DA, which pertains to digital assets.

The Treasury Department and the Internal Revenue Service said Tuesday that Maine will be the latest state to join the IRS Direct File free tax prep system for filing season 2025.

The Internal Revenue Service continues to expand the things business taxpayers can do with BTA.

The IRS is pushing back filing and payment deadlines for those affected by Ernesto and other storms.

Taxpayers can now conduct all interactions digitally and the service says that it is better equipped to address tax evasion and scams.