Income taxes

The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.

Your employees' well-being; statutory residency; new blog in town; and other highlights from our favorite tax bloggers.

Close to a thousand taxpayers who earn over $1 million a year failed to file tax returns over multiple recent years, potentially owing $34 billion in taxes, according to IRS data.

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

The Internal Revenue Service issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.

Whitman Transition Advisors made a strategic investment of an undisclosed amount in Tax Titans, a veteran-owned company that operates an online marketplace connecting small businesses and qualified tax professionals.

The National Treasury Employees Union, whose members include Internal Revenue Service agents and revenue officers, elected Doreen Greenwald, a longtime federal employee and local union leader as the next national president.

If you have clients with businesses in multiple states, product or service sales in different states, or employees in other states, they need to know a thing or two about nexus.

Despite repeated encouragement by his accountant, Biden never signed or submitted his returns.

The Supreme Court will hear Moore v. U.S., a case involving taxation of unrealized income that experts suggest could have major ramifications.

The service is stopping most unannounced visits to taxpayers' residences and businesses after a rising number of threats has put its employees' safety at risk.

California may have some of the highest personal income taxes in the country, but it's one of the few states that doesn't tax lottery wins.

The former governor said he would keep the cap if elected president, declining to roll back a policy that has become a flashpoint for taxpayers in his own state of New Jersey.

The agency is also planning in-person visits to help taxpayers in underserved areas.

The differing fortunes highlight the growing divisions between the largest Democrat- and Republican-led states as they compete for businesses and people to relocate.

The service is asking approximately 1.5 million people to claim their refunds for tax year 2019 by the July 17 deadline.

As the Direct File program takes shape, learning from taxpayers will be paramount.

Portland, Oregon, may penalize higher earners more than any other large U.S. city, according to a new report.

A pair of lawmakers proposed bipartisan legislation to streamline the tax filing extension process.

The Internal Revenue Service asked for public input on how to improve access for taxpayers who don't live nearby an appeals office.