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 January 15, 2024
IRS Provides Initial Guidance on Employee PLESAs
IRS Notice 2024-22 provides employers insight on the anti-abuse rules regarding pension-linked emergency savings accounts.
Taxes January 12, 2024
Government Shutdown Could Cause Havoc for Tax Season
According to IRS Commissioner Danny Werfel, the agency could still maintain some operations, depending on the length of a government shutdown.
Taxes January 11, 2024
Colorado’s TABOR Refunds Won’t Be Taxed By the IRS
According to two elected officials, Coloradans won't have to pay federal income taxes on their state refunds this filing season.
Taxes January 10, 2024
Taxpayer Advocate Delivers Annual Report to Congress, Identifies Top 10 Problems with Agency
The report credits the Internal Revenue Service with substantially improving taxpayer services and developing plans to transform the taxpayer experience in the coming years, but it identifies paper processing as an area of continuing weakness.
IRS January 10, 2024
Long IRS Delays in Assisting Identity Theft Victims Are ‘Unconscionable,’ National Taxpayer Advocate Says
Nearly 500,000 taxpayers with cases pending at the IRS waited almost 19 months for their identity theft issues to be resolved.
Taxes January 9, 2024
IRS Warns Tax Pros of Another ‘New Client’ Scheme Involving Cybercriminals
The IRS has seen a new round of email scams where cybercriminals pose as potential clients looking for tax help.
Taxes January 8, 2024
Tax Season to Start January 29, 2024
The IRS has announced that it will start accepting and processing tax returns on Monday, Jan. 29, 2024. The agency expects more than 128.7 million individual tax returns to be filed by the April 15, 2024, tax deadline.
Taxes January 8, 2024
IRS Launches Tax Professional Awareness Week
The special week is the IRS' latest effort in support of taxpayers and the tax community. Each year, millions of taxpayers seek the help of tax professionals to prepare their federal tax returns and other filings.
IRS January 2, 2024
TikTok Ban Not Fully Enforced at the IRS, Report Finds
Hundreds of IRS-CI employees still had access to TikTok months after the app was banned from all government devices, TIGTA said.
Taxes January 2, 2024
There’s Still Time to Claim Unpaid Economic Stimulus Payments
Not everyone who was entitled to an EIP was able to collect the full amount they were owed. Either they didn’t receive the correct amount or they didn’t get a payment at all.
Tax Planning December 29, 2023
Should You Elect to Forgo Preferential Tax Treatment on Capital Gains and Dividends?
Depending on your situation, you might elect to forgo preferential tax treatment on certain long-term capital gains and qualified dividends in favor of deducting investment interest expenses.
Taxes December 28, 2023
How to Get the Most Tax Benefits from a Roth IRA
Under the “ordering rules” established under IRS regulations, most of the payout of a nonqualified Roth distribution may be tax-free anyway—maybe even all of it.