IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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The Financial Crimes Enforcement Network is keeping beneficial reporting information reporting voluntary even though the Supreme Court has lifted the […]
Read MoreThe Treasury and IRS have issued final regulations that provide rules for classifying digital and cloud transactions. The rules apply […]
Read MoreThe IRS has released final regulations implementing the clean hydrogen production credit under Code Sec. 45V, as well as the election […]
Read MoreThe IRS issued updates to frequently asked questions (FAQs) about the Energy Efficient Home Improvement Credit (Code Sec. 25C) and […]
Read MoreThe IRS has provided updated guidance on the implementation of section 530 of the Revenue Act of 1978 (P.L. 95-600), […]
Read MoreThe IRS has issued final regulation identifying certain partnership related-party basis adjustment transactions as transactions of interest (TOI), a type […]
Read MoreRegulations under Code Sec. 2801, which imposes a tax on covered gifts and covered bequests received by a citizen or resident […]
Read MorePresident Donald Trump targeted federal hiring, including specific rules for the Internal Revenue Service, and the United States’ participation in […]
Read MoreThe IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
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The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
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Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
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The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
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The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
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The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
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The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]
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