Tax

The Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.

The vast majority would still recommend their preparer, however, according to a new survey.

Most of the Top 100 CPA firms reportedly are showing significant increases in revenue in their SUT practices.

The Democratic presidential nominee Joe Biden expressed optimism and hope about overcoming the economic crisis and other challenges during his acceptance speech at the virtual Democratic National Convention.

It’s not too early to start thinking about post-election tax planning.

Section 355 of the Internal Revenue Code provides a powerful tool in corporate restructurings.

The Internal Revenue Service projects that lower levels of employment in the U.S. could persist for years, showcasing the economic fallout of the coronavirus pandemic.

All in the family; unhappy motoring; youth movement; and other highlights of recent tax cases.

A federal judge rejected Donald Trump’s latest bid to block the Manhattan district attorney’s subpoena of his tax records, but the president’s planned appeal could push the matter past the election.