IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)
The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
Read MoreThe IRS is obsoleting Rev. Rul. 58-74, 1958-1 CB 148, as of July 31, 2023. Rev. Rul. 58-74 generally allows a taxpayer that adopted […]
Read MoreThe IRS has issued safe harbor deed language that may be used to amend eligible easement deeds intended to qualify for conservation contribution deductions under Code Sec. 170(f)(3)(B)(iii), to comply […]
Read MoreThe IRS closed out the 2023 Dirty Dozen campaign with a warning for taxpayers to beware of promoters peddling tax […]
Read MoreAs part of the annual Dirty Dozen tax scams effort, the IRS and the Security Summit partners have urged taxpayers to be on the lookout for spearphishing emails. […]
Read MoreThe American Institute of CPAs is recommending the Internal Revenue Service place a greater emphasis on service as the agency […]
Read MoreNational Taxpayer Advocate Erin Collins offered both praise and criticism of the Internal Revenue Service’s Strategic Operating Plan outlining how […]
Read MoreOn April 4, 2023, the Internal Revenue Service released the Strategic Operating Plan, which details the agency’s plans to use Inflation Reduction Act resources to transform the […]
Read MoreThe American Institute of CPAs is calling on the Internal Revenue Service to issue guidance related to how digital asset losses affect tax obligations. “With the complexities and […]
Read MoreThe IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
Read MoreThe IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
Read MoreThe IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
Read MoreGuidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
Read MoreThe IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
Read MoreThe IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
Read MoreThe IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
Read MoreThe 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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