Tax

The Internal Revenue Service released a revenue procedure Wednesday offering guidance on the use of tax-exempt bonds to provide housing for military veterans, farm workers and other groups.

QBI; rental pitfalls; the letdown of the TCJA; and other highlights from our favorite tax bloggers.

The IRS is offering extended deadlines and penalty abatement for some taxpayers.

The top Democrat on the Senate Finance Committee, Ron Wyden, is reviving a plan that would tax wealthy individuals annually on their investments, instead of when those assets are sold.

The far-reaching bipartisan legislation would overhaul key facets of the way the Internal Revenue Service operates, including the appeals process.

Better client management processes will lead to a happier tax season.

For New York City’s luxury real estate brokers, a new mansion tax certainly isn’t welcome news, but it’s better than the alternative.

The rally in the $3.8 trillion municipal-bond market is about to face a major tax-season test.

The Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.

Preparer reactions to filing season this year are … complicated.