IRS

The rules provide more flexibility for direct pay-eligible entities that want to jointly invest in clean energy projects, Treasury says.

A taxpayer in a recent Tax Court case tried to use the "Cohen rule" from an age-old case to escape out of a tax jam.

For the first time since 2020, interest rates for tax overpayments and underpayments will be lower than the previous quarter.

EAs with a Social Security number ending in 0, 1, 2, or 3 must renew their status before their current enrollment expires March 31, 2025.

The agency collected more than $5.1 trillion in tax revenue and more than $98 billion in enforcement revenue.

Maryland has paid $5.4 million to the IRS after a rare audit of the state found it owed millions of dollars in taxes in 2020.

The 401(k) contribution limit will increase to $23,500 next year, the IRS says, but the IRA contribution limit will stay at $7,000.

The new work group, which was formed last fall, has officially started work to more efficiently conduct audits of pass-throughs.