Tax professionals who fail to renew their PTINs before December 31 will be unable to prepare federal tax returns for ...
As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...
Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
Navigating the complexities of tax filing can be daunting, especially with the looming possibility of an IRS audit.
The Internal Revenue Service is the revenue service of the United States federal government, which is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the ...
The U.S. Senate passed a bill that will simplify the way the IRS sends math or clerical error notices to taxpayers regarding ...
The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.
WASHINGTON D.C. – The Internal Revenue Service (IRS) issued a scam warning for tax filers nationwide. On Jul. 3, the IRS warned taxpayers about a new scam involving improperly claimed clean energy tax ...
It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry.
The IRS and the Treasury are proposing to remove the domestic corporation look-through rule for real estate investment trusts ...
Trump’s 2026 budget plan calls for sharp spending cuts. Here’s what to know Trump's budget proposal seeks to cut discretionary spending by a total of 7.6% next year, but includes a 13% increase in ...