Tax

The Internal Revenue Service is pilot-testing a program for the next year and a half to expedite requests for rulings and determination letters for corporate taxpayers.

The Internal Revenue Service added more information on the Recovery Rebate Credit, providing extra details on its Frequently Answered Questions document about finding the first Economic Impact Payment amounts to calculate the credit.

The Internal Revenue Service made its Free File program available on Friday, allowing taxpayers who earn less than $73,000 in adjusted gross income to start preparing and filing their tax returns for free.

Starting this month, users selling goods and services through such popular sites as Venmo, Etsy and Airbnb will begin receiving tax forms if they take a payment of more than $600.

Sen. Ron Wyden is targeting Top 15 Firm Baker Tilly and others in an investigation into whether opportunity zone investments are benefitting low-income areas as intended.

ITS over; bad chemistry; international intrigue; and other highlights of recent tax cases.

The tax prep chain is looking to compete in the online tax prep space against H&R Block and Intuit.

John Wiley & Sons has updated its annual J.K. Lasser series of tax guides with information for preparing tax returns this year.

Bloomberg Tax has added new features to the Tax Provision product it acquired last year from Tax Prodigy.

National Taxpayer Advocate Erin Collins expressed deep concerns Wednesday about the upcoming tax filing season in her annual report to Congress on the 2021 filing season.