Rules for signing the power-of-attorney form vary widely between partnerships audited under the Bipartisan Budget Act of 2015 ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

Individuals and businesses in parts of Mississippi and Texas who were affected by severe weather that began in March now have until Nov. 3 to file various federal individual and business returns and ...

Senator Mike Crapo, ChairmanSenate Committee on FinanceUnited States SenateWashington, DC 20510 Senator Ron Wyden, Ranking MemberSenate Committee on FinanceUnited States SenateWashington, DC 20510 Re: ...

In line with the IRS’s announcement regarding tax relief for victims of Typhoon Mawar in Guam, deadlines falling on or after May 22 and before October 2023 are granted additional time to file ...

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

The number of employees would drop to 77,728 in fiscal year 2026, compared with 96,700 in the operating plan for fiscal year 2025, Treasury said in the report, released May 30. The last time the ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Senior Deloitte tax practitioners report that transfer pricing audits are homing in on intercompany services in Argentina, ...

To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate ...

In Rev. Proc. 2025-23, the IRS on Monday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and processing delays, a report says.