Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These adjustments reflect the average chained Consumer Price …
The IRS has indicated it’s on the way to clearing a massive, pandemic-caused backlog of unprocessed returns, but tax practitioners …
The income tax brackets, standard deduction amounts, and many other tax items are adjusted annually for cost-of-living increases. These adjustments …
The Sixth Circuit affirmed James Pieron Jr.’s 2019 tax evasion conviction, finding that the district court didn’t err when it …
The IRS as of August 19 had 8.7 million unprocessed individual tax returns it has received in 2022, a mix …
The IRS is providing penalty relief to certain taxpayers who filed their 2019 and/or 2020 tax returns late. The penalty …
The IRS has announced that individuals and households affected by a water shortage and an unprecedented influx of sargassum seagrass …
Since their introduction two years ahead of schedule in early 2022, IRS voice bots have proven effective in helping recipients …
By Patricia Brandstetter and Jonathan D. Grossberg Final regulations, issued December 28, 2021 (TD 9959), significantly change longstanding principles for …
The IRS should extend the window for taxpayers to claim refunds, as well as waive the time limit for filing …