IRS May 22, 2025
After being on paid administrative leave since mid-March, IRS probationary employees have been told to return to the office by May 23, after being fired by the Trump administration in February and reinstated a month later.
IRS May 22, 2025
In one of the first immigration raids involving the IRS, federal agents arrested 17 people at Eagle Beverage and Accessories Products in Kent, WA, on May 20.
Taxes May 21, 2025
Instantly access a unified, organized summary of every section in the legislative bill, highlighting what matters most for tax planning and compliance.
IRS May 20, 2025
The former Missouri lawmaker acted as a pitchman for tax credits that didn’t exist, Senate Finance Committee Democrats said.
Technology May 20, 2025
The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing.
Taxes May 16, 2025
In a new case, an office mix-up authorizing the wrong FedEx service resulted in a missed tax deadline. The Tax Court addressed whether the “equitable tolling” doctrine grants the taxpayer a reprieve.
Taxes May 15, 2025
The Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants allow eligible organizations to apply for annual funding to provide free federal tax return preparation assistance for up to three years.
IRS May 14, 2025
The Trump administration’s refocusing of federal resources on immigration has landed at the Chicago office of IRS-CI, where agents are now being prepared for unprecedented special assignments to help track down undocumented immigrants.
Taxes May 14, 2025
Generally, you can deduct the fair market value (FMV) of appreciated property donated to charity if you’ve owned the property longer than a year.
Taxes May 12, 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on May 12.
Taxes May 12, 2025
Under Internal Revenue Code Section 7526, the IRS awards matching grants to qualifying organizations to develop, expand, or maintain an LITC. Eligible organizations may request up to $200,000 for the 2026 grant year.
Taxes May 9, 2025
Even if you filed your tax return for the year, the IRS warned this week that taxpayers should remain on alert for some common scams to avoid losing money and personal data.