Tax

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

The five states with the highest real-estate taxes have an average rate of 2.17%.

Bumping the 1099-Ks; nonsensical language; showing your appreciation; and other highlights from our favorite tax bloggers.

The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.

Among other things, they may unintentionally snare mutual funds, an expert testifies.

The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.

Five types of return are projected to increase in volume by more than 45% in FY 2023.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

The regulations address new subsections of the law from the SECURE 2.0 Act.

Rajiv Uppal will begin assisting with the agency's transformation work in early 2024.