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IRS

Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say

Taxes April 28, 2026 

Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say

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.

Jason Bramwell

Featured Articles

April 27, 2026  

IRS Introduces Process for Taxpayers to Request More Time Following a Rejected ERC Claim

April 27, 2026  

Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

April 22, 2026  

Whistleblowers Called On to Help IRS Uncover Federal Funds Misuse

April 17, 2026  

IRS Launches Online Tool to Help Taxpayers Settle Their Tax Debt

April 17, 2026  

Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns
IRS Issues FAQs on Disaster Relief For Retirement Plans and IRAs

IRS May 6, 2024 

IRS Issues FAQs on Disaster Relief For Retirement Plans and IRAs

The FAQs are intended to assist individuals, employers, and retirement plan and IRA service providers, the IRS said.

Jason Bramwell

More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges

Taxes May 3, 2024 

More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges

But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.

Jason Bramwell

EV Makers Win Two-Year Extension to Qualify for Tax Credits

Taxes May 3, 2024 

EV Makers Win Two-Year Extension to Qualify for Tax Credits

The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.

living trusts 1  5919bb959cc34

Taxes May 1, 2024 

AICPA Provides Comments on the Tax Classification of Purpose Trusts

The recommendations would simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS.

IRS Provides Safe Harbors For the Clean Aviation Fuel Credit

Taxes May 1, 2024 

IRS Provides Safe Harbors For the Clean Aviation Fuel Credit

New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.

Jason Bramwell

IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May

Taxes May 1, 2024 

IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May

The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.

Jason Bramwell

‘Bitcoin Jesus’ Charged With Evading Nearly $50 Million in Taxes

Taxes May 1, 2024 

‘Bitcoin Jesus’ Charged With Evading Nearly $50 Million in Taxes

Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.

Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say

Taxes April 30, 2024 

Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say

Dennis Maxey was arrested in 2019 for grand theft and scheme to defraud, both first-degree felonies. He was arrested again on April 18.

IRS Opens Second Allocation Round For Advanced Energy Tax Credit

Taxes April 29, 2024 

IRS Opens Second Allocation Round For Advanced Energy Tax Credit

Beginning May 28, the IRS will accept applications from taxpayers seeking tax credits from the pool of $6 billion allocated in Round 2.

Jason Bramwell

IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season

Taxes April 26, 2024 

IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season

About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.

Jason Bramwell

IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly

Taxes April 24, 2024 

IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly

An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.

Jason Bramwell

Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices

Taxes April 24, 2024 

Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices

The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.

Jason Bramwell

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