Tax

The Internal Revenue Service posted a series of videos to explain how taxpayers can steer clear of scammers who claim to be able to help them with their tax debts while charging exorbitant fees and making outrageous claims.

The Internal Revenue Service is strengthening the identity verification and sign-in process for its online self-help tools after a number of high-profile data breaches.

Well-off professionals in costly areas of the U.S. are set to get a windfall from competing plans to change the deduction limit for state and local taxes.

A lawyer who questioned the software billionaire in an antitrust lawsuit supported prosecutors who fake dementia to avoid trial on tax-evasion charges.

Sen. Bernie Sanders is working on a proposal to set an income threshold for an unlimited state and local tax deduction.

Keeping your peeps; Better’s economic impact; new to us; and other highlights from our favorite tax bloggers.

The new act impacts cryptocurrency, the Employee Retention Credit and tax deadlines.

The service has increased the number of transcripts that tax professionals can order per client to 30, up from 10 previously.

New guidance on the temporary 100% deduction is available in Notice 2021-63.

The service agreed to ease its policies for low-income taxpayers who are trying to settle their tax debts and still get tax refunds.