Tax

The Internal Revenue Service is suspending a requirement for taxpayers who received too much on their advance payments for the Premium Tax Credit last year to repay the excess amount.

Dixon Hughes Goodman wants the IRS to provide relief for businesses that are eligible for the 2020 ERC when the tax refunds haven’t yet been received.

A Houston tax attorney was charged with helping his client hide $225 million from the IRS, according to the Justice Department.

Democratic and Republican House members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions, demonstrating a broadening campaign to restore a valuable tax break.

Republicans are working on developing a far smaller infrastructure package than the Biden administration’s American Jobs Plan, relying on user fees such as tolls instead of corporate tax increases.

The Internal Revenue Service is providing penalty relief for an employer’s failure to deposit employment taxes with the IRS on a timely basis.

Founded on fraud; what’s in a name?; taken for granted; and other highlights of recent tax cases.

Don’t just tell clients their returns have been submitted. Take them on a tour of the highlights.

The top Republican on the House Ways and Means Committee said he would leave Congress at the end of this term.

Commissioner Charles Rettig left open the possibility that there may be delays.