Tax

Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.

Lawmakers are urging the IRS to avoid delays and staff shortages ahead of the 2023 tax-filing period, and receiving support from the AICPA.

Cost segregation studies and other methods can help businesses minimize their tax liabilities — and maximize their cash for potential economic difficulties ahead.

The strategic plan will provide a roadmap for what has been the largest dedicated funding stream provided to the IRS in decades.

One of the world's richest men felt he had to give one of the nation's most powerful lawmakers a little pep talk.

If states adopt the recommendation, businesses would not only need to limit themselves to sales solicitation, but also remain below the state economic nexus threshold to avoid state income tax.

The moment Biden signed the bill was effectively the starting gun for a race to write new policies to implement its clean energy tax credits, climate programs and environmental mandates.

The 45L tax credit expired at the end of 2021, leaving homebuilders waiting for its renewal.

Crypto accounting; DOJ still at it; IRS.gov problems; and other highlights from our favorite tax bloggers.

The newly signed Inflation Reduction Act contains a wide range of provisions.