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 IRS has provided a waiver for any individual who failed to meet the foreign earned income or deduction eligibility […]
Read MoreThe Supreme Court reversed and remanded a Court of Appeals decision and held that Code Sec. 6330(d)(1)’s 30-day time limit to […]
Read MoreThe Government Accountability Office (GAO) has issued a report on IRS’ performance during the 2021 tax filing season. The report […]
Read MoreThe gap between taxes owed and taxes collected by the Internal Revenue Service could be approaching $1 trillion, IRS Commissioner […]
Read MoreThe IRS has reminded taxpayers of reporting and potential tax obligations from working in the gig economy, making virtual currency […]
Read MoreThe IRS has issued frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit (EITC) to educate eligible taxpayers […]
Read MoreThe IRS has provided a waiver of the penalty (referred to as addition to tax) under Code Sec. 6654 for the underpayment […]
Read MoreThe IRS has issued the luxury car depreciation limits for business vehicles placed in service in 2022 and the lease […]
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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