Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

The agency estimates that it would receive roughly 43 million paper tax returns and 19 million paper information returns in ...

The IRS has released a notice withdrawing certain notices of proposed rulemaking containing proposed regulations on the treatment of built-in items of income, gain, deduction, and loss, taken into ...

2025 gift limit Gift tax limit 2025 The IRS announced increases in gift and estate tax exemptions for 2025. The annual gift tax exclusion rises to $19,000 per recipient, up $1,000 from last year's ...