Tax

Tax pros and taxpayers should be aware that the IRS is restarting its "collection notice stream."

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal to file their 1099 forms for free.

Speaker Mike Johnson will allow a vote on a $78 billion business and child tax break bill, siding with corporations over a group of Republicans who objected to the package negotiated with Senate Democrats.

Incentives and resistance; inspiring staff ambition; the keys to change; and other highlights from our favorite tax bloggers.

The IRS is pushing back payment and filing deadlines.

The Internal Revenue Service has lifted the moratorium on processing applications to become an Acceptance Agent to help immigrants who need an Individual Taxpayer identification Number to file a tax return or be claimed as a dependent.

With the agency touting improved service and response times, tax practitioners are acknowledging the gains, but still see room for more.

The Qualified Business Income tax deduction of 20% is set to expire in 2025 (unless it's extended), which may have clients who are starting a business wondering about the potential impact of their choice of entity.

Accountants and tax pros need to take steps to protect themselves as they start the countdown to April 15.

The city's department of finance audited Signature after the bank shuttered in March and found tax deficiencies for years 2015 through 2021 related to unreported income allocation and adjustments to investment and capital income.