President Trump sued the Internal Revenue Service (IRS) on Thursday, seeking at least $10 billion in damages over an agency ...
A district court held that the IRS had not violated a tax preparer’s Fifth Amendment due process rights or the Administrative Procedure Act (APA) when it suspended the preparer’s electronic filing ...
The IRS should maintain full staffing during what would be the first government shutdown during the April filing season, the AICPA said in a letter to Treasury and the IRS.
The IRS is moving away from paper refund checks. Taxpayers should include their bank account information on their 2025 tax ...
Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.
The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.
Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.
Payments including for electricity from electric vehicle stations applied toward the real estate investment trust’s ...
There's a chance you'll get a "very large" refund, as long as you have some necessary information.
Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see ...
There are over 150 types of penalties in the Internal Revenue Code (IRC). One frequent penalty that the Internal Revenue Service (IRS) asserts is ...