Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes May 3, 2024
EV Makers Win Two-Year Extension to Qualify for Tax Credits
The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.
Taxes May 1, 2024
AICPA Provides Comments on the Tax Classification of Purpose Trusts
The recommendations would simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS.
Taxes May 1, 2024
IRS Provides Safe Harbors For the Clean Aviation Fuel Credit
New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.
Taxes May 1, 2024
IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May
The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.
Taxes May 1, 2024
‘Bitcoin Jesus’ Charged With Evading Nearly $50 Million in Taxes
Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.
Taxes April 30, 2024
Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say
Dennis Maxey was arrested in 2019 for grand theft and scheme to defraud, both first-degree felonies. He was arrested again on April 18.
Taxes April 29, 2024
IRS Opens Second Allocation Round For Advanced Energy Tax Credit
Beginning May 28, the IRS will accept applications from taxpayers seeking tax credits from the pool of $6 billion allocated in Round 2.
Taxes April 26, 2024
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.
Taxes April 24, 2024
IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly
An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.
Taxes April 24, 2024
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.
Taxes April 24, 2024
TIGTA Finds $3.5 Billion Tax Fraud Scheme
TIGTA investigators identified a scheme where individuals obtained Employer Identification Numbers, a unique nine-digit identifier required for tax purposes, and then used them to file business tax returns that improperly claimed...
IRS April 22, 2024
If You Missed It, Here’s the IRS ‘Dirty Dozen’ Tax Scams List For 2024
The list serves as a reminder to remain vigilant about tax scams not only during tax season, but all year long, the IRS said.