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Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
The IRS said Tuesday that it expects to issue a revised notice of proposed rulemaking after it studies the issues addressed in the 2019 proposed regulations.
The US Tax Court shouldn’t have dismissed a case without a stronger test of the IRS’ responsibilities to contact taxpayers about deficiencies, a partnership told the First Circuit.
This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...
Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...
Early guidance for the new Sec. 45Z clean fuel production credit raises concerns regarding the eligibility of fuel sales to wholesalers.
The Social Security Administration (SSA) has issued a stern warning to Americans about the consequences of ignoring IRS ...
As you anticipate your tax refund in 2025, be aware that the IRS can withhold it to settle outstanding debts. This process, known as offset, is part of the Treasury Offset Program. Even with a ...
The notices have been flowing out of the IRS for reasons that remain unknown. According to Orrick, "this issue, which has persisted for several months, appears to be escalating in frequency, ...
If you did file a return and you haven't received an anticipated refund, then it might not have arrived if the IRS had the wrong info. You can try to find out the status of your refund online ...
The IRS is bracing for a $500 billion drop in tax revenue this year, in part due to President Donald Trump’s rapid demolition of parts of the agency. And a look at the unprecedented deal brewing ...