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 5, 2023
According to a report, former New York City mayor Rudolph Giuliani owes $549,435.26 in unpaid taxes and, as a result, the agency has placed a tax lien on a condo he owns in south Florida.
Taxes October 5, 2023
Taxpayers, particularly wealthy filers, were warned Thursday about scams involving exaggerated art donation deductions.
Taxes October 5, 2023
The IRS is slashing the costs for paid tax return preparers to renew their preparer tax identification numbers in 2024 by nearly 36%.
Taxes October 3, 2023
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
Taxes October 2, 2023
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
Accounting September 30, 2023
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
Taxes September 29, 2023
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.
Taxes September 28, 2023
The letter goes on to express concern that an October shutdown of the government will likely impact the timely processing of extended 2022 tax returns due by Oct 16, 2023.
Taxes September 28, 2023
The House panel voted along party lines to disclose additional documents related to the probe into the president's son's taxes.
Taxes September 28, 2023
Jack Fisher and James Sinnott designed, marketed and sold to high-income clients abusive syndicated conservation easement tax shelters based on fraudulently inflated charitable contribution tax deductions, promising them deductions 4.5 times the amount the taxpayer clients paid.
Taxes September 26, 2023
Chatbots will be used to help answer basic taxpayer questions about three notices in the CP series, the IRS said on Tuesday.
Taxes September 26, 2023
Taxpayers can use the special per diem rates to substantiate the amount of expenses for lodging, meals, and incidental expenses.