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 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 American Institute of CPAs reiterated its call for the Internal Revenue Service to delay the implementation of the Schedules […]
Read MoreThe IRS has announced that it has begun using voice and chat bots on two of its specialized toll-free telephone […]
Read MoreIndividuals who are not required to file tax returns for 2021 may use simplified procedures to file returns to claim: […]
Read MoreThe IRS has announced that Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, has been revised. Form 14457 allows […]
Read MoreThe IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new […]
Read MoreA corporate minimum tax is needed to provide tax relief to the working and middle class, Department of Treasury Secretary […]
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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