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 ...

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.

Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.

The Tax Court held it lacked jurisdiction over the Sec. 6226(b) deadline for filing a petition for readjustment of partnership items under the Tax Equity and Fiscal Responsibility Act’s regime, and ...

Taxpayers, such as those in Zuch and Murrin, can face unique circumstances where the law overrides their intentions.

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

This article explores the strategic use of this election, highlighting its potential to optimize tax outcomes for both trusts and beneficiaries while cautioning against its pitfalls.

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

Payments including for electricity from electric vehicle stations applied toward the real estate investment trust’s ...

Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see ...

On Monday, the IRS’s Taxpayer Advocate Service (TAS) explained that if you are owed a refund but don’t include direct deposit information when filing your taxes this year, or if that information is ...

President Donald Trump signs the One Big Beautiful Bill Act on the South Lawn of the White House. The notice also provides guidance on certain qualified sound recording productions that the OBBBA ...