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The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.
October 29 -
The Treasury and the IRS granted a filing exception for tax-exempt organizations, saying they don't have to file Form 4626 for tax year 2023.
October 23 -
W-2G income; addressing the CPA shortage; qualities of a crypto tax pro; and other highlights from our favorite tax bloggers.
October 8 -
The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.
October 2 -
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.
September 19 -
The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.
September 12 -
There's still room for improvement, say experts.
August 12 -
The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.
July 25 -
The IRS's Large Business and International Division is providing companies that claim tax credits for renewable energy and electricity projects an expedited way to report them.
July 3 -
An influential advisory committee to the Internal Revenue Service is asking Congress to regulate noncredentialed tax preparers and boost funding for the IRS and the National Taxpayer Advocate.
June 26