IRS January 29, 2025
Established in 1953, the IRSAC is an organized public forum for IRS officials and representatives of the public to discuss a broad range of issues in tax administration.
January 28, 2025
January 27, 2025
Taxes August 13, 2024
Gov. Josh Shapiro and his staff worked with the Treasury Department to bring the program to the state for the 2025 tax season.
Taxes August 12, 2024
The IRS is accelerating payments to businesses that had submitted legit claims for the ERC while continuing to weed out incorrect claims.
Taxes August 12, 2024
The fresh draft version of Form 1099-DA comes on the heels of the final regulations on crypto broker requirements being issued in June.
Taxes August 7, 2024
Tax pros should always enable MFA within tax software products and cloud storage services containing sensitive client data, and they should never share usernames.
Taxes July 31, 2024
The AICPA expressed its endorsement of provisions of H.R. 8864, the Tax Administration Simplification Act, which would apply the mailbox rule to electronically submitted tax returns and payments.
Taxes July 30, 2024
The updated FAQs, issued July 26, pertain to the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits.
IRS July 29, 2024
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
Taxes July 26, 2024
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
Taxes July 26, 2024
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.
Taxes July 25, 2024
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.
IRS July 25, 2024
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
Taxes July 24, 2024
Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.