Tax

The use of private agencies spiked in 2021 and yet, despite this, they collected only 2.78% of total delinquent tax accounts assigned to them by the IRS.

The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.

The bill stems from the relocation and rise in value of PhonePe, which Walmart took majority ownership of after acquiring parent outfit Flipkart Online Services.

Big offenders; the profession's coming year; new blog on the block; and other highlights from our favorite tax bloggers.

The revenue-raising provision of the Tax Cuts and Jobs Act took effect despite efforts to extend the tax break.

If the 'secondary' spouse makes a balance-due payment to the IRS, it may not get credited to their account.

Notice 2023-2 offers interim guidance on the 1% tax introduced by the Inflation Reduction Act of 2022.

Highlights from the former president's returns for 2015 to 2020, from write-offs to the SALT deduction and more.

The returns include personal and business filings from 2015 to 2020, and are the first complete look into his tax records for the years he was running for office and in the White House.

New notices and a new FAQ clarify some of the provisions of the Inflation Reduction Act for qualifying for the Clean Vehicle Credit.