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The Internal Revenue Service released its 2025 Data Book outlining activities during fiscal year 2025, as it continued to carry out functions despite cutbacks.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for June 10, 2026 – June 21, 2026. June 9, 2026: A Treasury Inspector General...
In early June, the Treasury Inspector General for Tax Administration released a lightly redacted report on the IRS’s implementation of its April 2025 data-sharing agreement with th...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 29, 2026 – June 8, 2026. May 29, 2026: The US Department of the Treasu...
The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already provided direct deposit information.
Finding an envelope from the IRS in your mailbox can stop you in your tracks. But before you panic, it […] The post 5 Common IRS Notices Explained: CP14, CP2000, and More appeared...
The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.
A New Revenue Procedure provides disparate treatment for taxpayers.
A new IRS change could make penalty relief less of a paperwork chase for some taxpayers.The Internal Revenue Service announced on Wednesday, July 8, that it is introducing an Autom...
Tax professionals across the country are reporting a sharp increase in IRS collection activity in 2026, leaving many Americans scrambling to find solutions for growing tax debt, wa...
Trevor Sikes, “Government Seeks to Resume Taxpayer Info Sharing With ICE” (Tax Notes, June 16, 2026): An injunction against the sharing of taxpayer data between the IRS and U.S. Im...
Internal Revenue Service officials are working to increase compliance of tax-exempt groups as well as for-profit businesses with the help of whistleblowers.
The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or E...
There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.
As examination activity slows, tax practitioners are reporting a marked increase in aggressive collection actions - including bank levies and passport restrictions for those with s...
DOGE broke the IRS. Former IRS Commissioner Danny Werfel has thoughts on how to fix it. The post
If you got a letter from the IRS and are wondering how to respond to an IRS notice, there are […] The post How to Respond to IRS Letters Step-By-Step appeared first on .
The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
Certain taxpayers with IRS online accounts can file a Kwong-related refund claim on Form 843 through a new secure application before a Friday deadline.
Treasury and IRS recently issued final regulations on the “No Tax on Tips” deduction. These regulations list more than 70 occupations from tipped workers, to bartenders and water t...
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