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 September 5, 2023
Compliance Tracker ensures accurate and timely tax filings, reducing risk of non-compliance and penalties by incorporating trusted data compiled and maintained by Bloomberg Tax’s in-house tax analysts.
Taxes September 4, 2023
The accumulated earnings tax must be paid in addition to the regular corporate income tax. Despite recent threats by Congress to raise the ante, this penalty tax remains at the 20% rate.
September 1, 2023
The guidance is being issued as part of the IRS's efforts to provide additional certainty to states and their residents regarding the federal income tax consequences of state payments made to taxpayers.
Taxes September 1, 2023
These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.
Taxes August 29, 2023
Under the 2015 Fixing America’s Surface Transportation (FAST) Act, the IRS can deny, revoke or limit a passport if you have a seriously delinquent tax debt.
Taxes August 29, 2023
The proposed regulations include prevailing wage and registered apprenticeship requirements for clean energy projects.
Taxes August 28, 2023
In comment letters sent to the IRS, the AICPA requested improvements be made to two tax returns pertaining to foreign trusts.
Taxes August 28, 2023
In addition to IRS representation training sessions, the partnership will enable tax professionals to explore adding new revenue streams to their practices with tax resolution services.
Taxes August 25, 2023
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
Taxes August 25, 2023
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes August 25, 2023
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.
Taxes August 23, 2023
These proposed temporary regulations provide some guidance to the pre-registration filing requirements, as well as the clarification and definition of applicable entities.