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 Treasury Department and IRS have issued regulations requiring brokers of digital assets to report certain sales and exchanges. The […]
Read MoreThe IRS released final regulations relating to the excise tax imposed on certain sales by manufacturers, producers, or importers of […]
Read MoreThe IRS warned taxpayers about misleading claims regarding a fictitious “Self Employment Tax Credit.” Promoters and social media posts are inaccurately suggesting […]
Read MoreThe Internal Revenue Service needs to do more in underserved markets, according to a recent report from the Treasury Inspector […]
Read MoreThe Internal Revenue Service has room to improve its virtual currency tax compliance enforcement, according to the Treasury Inspector General […]
Read MoreA savings account with the tax benefits of a health savings account or an educations savings account but without the singular restricted focus could be something that gains traction […]
Read MoreThe Internal Revenue Service’s use of artificial intelligence in selecting tax returns for National Research Program audits that areused to estimate the tax gap needs more documentation and transparency, the U.S. Government […]
Read MoreThe IRS has provided guidance on two exceptions to the 10 percent additional tax under Code Sec. 72(t)(1) for emergency personal expense distributions and domestic abuse victim distributions. These exceptions were added by […]
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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