IRS
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
Certain TurboTax Users Could Receive Up to $85 Each in Free File Settlement
Last year Intuit agreed to pay millions for tricking low-income tax filers into paying for services that should have been free.
There is Only One Minivan Eligible for EV Tax Credits
The list of electric vehicles that qualify for the full $7,500 incentive under the Inflation Reduction Act is down to 10.
Beyoncé Fighting IRS Over Alleged $2.69 Million in Back Taxes
The music and fashion icon has filed a petition disputing the IRS's claim and has requested a trial over the matter.
The IRS is Trying to Change the Way Businesses Report Tips
The IRS's proposed SITCA program seeks to streamline reporting—and, of course, increase tax compliance.
IRS Agent Seeks Whistleblower Status to Discuss Problems with Hunter Biden Tax Probe
The agent claims the IRS mishandled an investigation into Hunter Biden and wants to disclose concerns about his taxes.
South Carolina Return Preparer Pleads Guilty to Filing False Tax Returns
The total tax loss from his criminal conduct was approximately $320,000.
Partnerships Face Increased Tax Audit Risk
Here are the five time-sensitive actions that a partnership or its representative should take within 30 days of receiving the notice of selection for examination.
What to Do if You Missed the April 18 IRS Income Tax Filing Deadline
Taxpayers who owe and missed the deadline without requesting an extension should file quickly to limit penalties and interest.