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 (FinCEN) has announced that the mandatory beneficial ownership information (BOI) reporting requirement under the Corporate […]
Read MoreThe IRS has issued Notice 2025-15, providing guidance on an alternative method for furnishing health coverage statements under Code Secs. 6055 and 6056. This […]
Read MoreThe IRS has issued the luxury car depreciation limits for business vehicles placed in service in 2025 and the lease […]
Read MoreThe leadership of the Senate Finance Committee have issued a discussion draft of bipartisan legislative proposals to make administrative and […]
Read MoreA limited liability company (LLC) classified as a TEFRA partnership could not claim a charitable contribution deduction for a conservation […]
Read MoreThe Tax Court ruled that IRS Appeals Officers and Team Managers were not “Officers of the United States.” Therefore, they did not […]
Read MoreRegulations under Code Sec. 2801, which imposes a tax on covered gifts and covered bequests received by a citizen or resident […]
Read MoreThe IRS has issued a revenue ruling addressing the federal tax treatment of contributions and benefits under state-administered paid family […]
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 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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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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