Taxes April 28, 2026
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes August 19, 2025
CAP employs real-time issue resolution through transparent and cooperative interaction between large corporate taxpayers and the IRS to improve federal tax compliance
Taxes August 14, 2025
The IRS is shutting down its self-service kiosk program at Taxpayer Assistance Centers after the Treasury Inspector General for Tax Administration expressed concerns to the agency that several of the computer terminals were unusable.
Taxes August 14, 2025
The IRS Independent Office of Appeals recently reminded staff that they should share a copy of the Appeals case memorandum with taxpayers who make an informal request for the document.
Taxes August 14, 2025
After nine years, a court of appeals ruling in July officially confirmed Mayo Clinic’s final victory over the IRS in a $11.5 million legal dispute over its tax-exempt status.
Taxes August 13, 2025
Taxpayers who operate large trucks and buses have until Aug. 31 to file Form 2290 for vehicles first used on a public highway in July 2025, the IRS said on Tuesday.
IRS August 12, 2025
The total dollar amount of awards paid increased substantially from $88.8 million in fiscal year 2023. The total number of awards in FY 2024, however, decreased from 121 in FY 2023 to 105 in FY 2024.
Taxes August 12, 2025
The IRS has extended the filing deadline to Feb. 2, 2026, for individuals and businesses in two West Virginia counties that were devastated by flash flooding from torrential rains in mid-June that left at least six people dead.
Taxes August 11, 2025
The biggest potential beneficiaries are those who have already built considerable wealth through their property, and they mainly come from states where home prices are high and have increased quickly, according to a Redfin report.
IRS August 8, 2025
Treasury Secretary Scott Bessent will add acting IRS chief to his duties until Long's replacement is installed.
OBBBA Tax Act August 7, 2025
The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.
Taxes August 7, 2025
The One Big Beautiful Bill Act (OBBBA) has introduced several changes with important implications for businesses.
Taxes August 4, 2025
Ron Wyden, the Senate Finance Committee’s top Democrat, questioned why the IRS had not audited at least $158 million in payments that private equity titan Leon Black made to Jeffrey Epstein between 2012 and 2017 for complex tax-related transactions.