Tax

The auto world will know by Friday where the Biden administration stands on some of the toughest policy questions surrounding the U.S. transition to electric vehicles.

From 2020 and 2021, seven different tax return types varied by more than 20% (up or, in one case, down) in terms of how many were filed year over year.

The IRS proposed new rules on non-fungible tokens this week, and accounting professionals in the space see the agency starting to get serious about these assets.

Final salute; Patriot game; books by their covers; and other highlights of recent tax cases.

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.

"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."

The Internal Revenue Service updated its frequently asked questions about the information return for reporting transactions involving payment cards and third-party networks.

Just two issues accounted for almost a third of all cases where people sought assistance from the Taxpayer Advocate Service.

Evaporation of banks; slow filers; crypto and normal taxes; and other highlights from our favorite tax bloggers.