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Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
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IRS Releases FAQs on Sec. 127 Educational Assistance Programs
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
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IRS Plans to Stop Basis Shifting Transactions
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
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IRS Updates Careers Site to Attract Job Seekers
The website now provides a comprehensive landing spot for candidates to find everything they need to pursue a career at the IRS.
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Didn’t Get Your Employee Retention Credit? You Can Sue the IRS
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
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How Fake Stories About IRS Stimulus Checks Took Over the Internet
Web domains are being retooled for the sole purpose of spreading questionable news about government handouts.
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You Shouldn’t Fear an IRS Audit if You Do Your Homework
If you document everything—audits are mostly about seeking documentation—there’s no reason to freak out if the IRS audits you.
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Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut
An academic study tried to identify the correlation between corporate tax positions and the projected IRS budget for the following year.
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IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.