IRS July 16, 2026
IRS Mileage Rate Increases to Record 76 Cents Per Mile
The mileage rate has increased to a record high of 76 cents/mile due to the wars in Iran and Ukraine.
Taxes April 15, 2024
IRS Adds More Census Tracts For EV Charger Tax Credit
These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.
Taxes April 12, 2024
Shohei Ohtani’s Ex-Interpreter Charged With Bank Fraud, Stole $16 Million From Baseball Star
Ippei Mizuhara's involvement in illegal gambling turned up in a far-reaching investigation by federal agencies including the IRS.
Taxes April 11, 2024
COUNTERPOINT: IRS Should Not Be Trusted With Direct File
Despite its recent trendiness in certain circles, Direct File has little potential for good—and much for bad.
Taxes April 11, 2024
POINT: IRS Direct File Simplifies Doing Taxes, Saves Money
The new IRS Direct File tool represents government at its best: saving families time and money.
Taxes April 9, 2024
IRS Proposes Regs For Stock Repurchase Excise Tax
The new guidance pertains to the Inflation Reduction Act's 1% excise tax owed on corporate stock repurchases or buybacks.
Taxes April 9, 2024
IRS Warns of ‘Wildly Inaccurate Tax Advice’ on Social Media
When it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS said.
Taxes April 9, 2024
IRS Adds Security Steps For Tax Pros to Receive Transcripts
The IRS told tax professionals last week it’s making changes that will impact how practitioners obtain a client's tax transcripts.
Taxes April 9, 2024
IRS: Energy-Efficient Rebates Not Income
However, taxpayers will need to reduce the basis of the property when they sell it by the amount of the rebate, the IRS said last week.
Taxes April 5, 2024
Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes
The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.
Taxes April 3, 2024
Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit
The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.
Taxes April 2, 2024
Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.
April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.
IRS April 1, 2024
COVID Fraud Cases Have Totaled Nearly $9 Billion, IRS Crime Unit Says
Over the last four years, IRS-CI has investigated 1,644 tax and money laundering cases related to COVID fraud totaling $8.9 billion.