IRS

Despite chronic and pandemic-specific challenges however, the IRS is making strides in returning to business as usual. 

These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.

Ippei Mizuhara's involvement in illegal gambling turned up in a far-reaching investigation by federal agencies including the IRS.

Despite its recent trendiness in certain circles, Direct File has little potential for good—and much for bad.

The new IRS Direct File tool represents government at its best: saving families time and money.

The new guidance pertains to the Inflation Reduction Act's 1% excise tax owed on corporate stock repurchases or buybacks.

When it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS said.

The IRS told tax professionals last week it’s making changes that will impact how practitioners obtain a client's tax transcripts.