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 October 21, 2024
The IRS provided new guidance to taxpayers using the safe harbors for the SAF credit that were outlined by the agency last April.
Taxes October 21, 2024
All current preparer tax identification numbers expire on Dec. 31, and the fee to renew or obtain a PTIN for 2025 is $19.75.
Taxes October 21, 2024
Charles Littlejohn pulled off what’s been described as the greatest heist in IRS history and was sentenced to five years in prison.
Taxes October 17, 2024
Deep ideological differences could make striking an agreement on expiring tax breaks difficult if there is divided government.
Taxes October 15, 2024
Scammers commonly set up fake charities to take advantage of peoples’ generosity during natural disasters and other tragic events.
Taxes October 14, 2024
Certain tax-exempt organizations that are making an elective payment election are getting a six-month extension to file Form 990-T.
Taxes October 11, 2024
Because of hurricanes Debby, Helene, and Milton, affected taxpayers have until May 2025 to file returns and make tax payments.
Taxes October 11, 2024
The projected gross tax gap for 2022 is down $12 billion from a revised 2021 tax gap of $708 billion, the agency said Oct. 10.
Taxes October 9, 2024
The AICPA highlighted several areas of concern in the proposed regulations from the Treasury Department and the IRS.
IRS October 8, 2024
In addition, the Treasury Department and the IRS announced a delayed applicability date for related final 401(k) regulations.
Taxes October 8, 2024
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
Taxes October 8, 2024
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.