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The agency will begin three to four dozen new audits this spring to see if inappropriate deductions were made.
February 22
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The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.
February 21
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The Internal Revenue Service will be scrutinizing the use of corporate jets, focusing on big corporations and partnerships, as well as high-income taxpayers.
February 21
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SALT benefits; taxing blockchain tech; how to onboard; and other highlights from our favorite tax bloggers.
February 13
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The legislation is still tied up in the Senate, as senators seek changes in some of the provisions, such as the expanded Child Tax Credit.
February 12
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Republican attorneys general from 13 states have signed a letter denouncing the IRS pilot of a Direct File system, calling efforts unconstitutional.
February 1
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The measure now heads to the Senate where lackluster Republican support threatens to sink it.
February 1
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Tax pros and taxpayers should be aware that the IRS is restarting its "collection notice stream."
January 31
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Speaker Mike Johnson will allow a vote on a $78 billion business and child tax break bill, siding with corporations over a group of Republicans who objected to the package negotiated with Senate Democrats.
January 31
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Incentives and resistance; inspiring staff ambition; the keys to change; and other highlights from our favorite tax bloggers.
January 30
