Tax

New rules on "portability" mean that a surviving spouse can lock in her deceased partner's exclusion years after exemption levels decrease come 2026.

The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

We have rigid and uniform procedures for almost every step of the tax preparation process.

Private foundations are using donor-advised funds to sidestep federal laws designed to make sure the wealthy donate money to the needy in a timely fashion, not defer the gifts for generations.

The desire to use free cash to buy back shares appears to be stronger than any deterrent created by the tax.

The Internal Revenue Service issued its annual notice providing rates for taxpayers to use in substantiating the amount of ordinary and necessary expenses they've incurred while away from home.

The Internal Revenue Service added new information to its FAQ page on the tax rules surrounding the use of coronavirus funds for mortgage insurance and home purchases.

The service is giving companies and tax professionals another year to fix up their claims for the research and development tax credit.

The Treasury Inspector General for Tax Administration said the IRS implemented several cloud services without having a fully implemented security control infrastructure in place.