Latest updates for Internal Revenue Service

Fresh curated links around internal revenue service are collected here so marketers can spot useful updates and turn timely ideas into posts faster.

Recent items include:

  • IRS tax revenue reached record high but enforcement fell
  • IRS-CI support of ICE enforcement hit tax investigations
  • IRS audit revenue plunged following mass layoffs, watchdog finds

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accountingtoday.com /1 month ago

IRS tax revenue reached record high but enforcement fell

Taxpayers paid the IRS $5.3 trillion in fiscal year 2025, up 13.2% from fiscal year 2023 and the highest amount ever, without adjusting for inflation.

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accountingtoday.com /2 weeks ago

IRS-CI support of ICE enforcement hit tax investigations

The Internal Revenue Service's Criminal Investigation division had to divert considerable resources from its regular work to aid immigration authorities.

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cbsnews.com /1 month ago

IRS audit revenue plunged following mass layoffs, watchdog finds

IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.

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currentfederaltaxdevelopments.com /2 days ago

The IRA Compliance Resolution System: A Technical Analysis of Revenue Procedure 2026-33 and the New Voluntary Correction...

Rev. Proc. 2026-33, October 22, 2026 The Internal Revenue Service has issued Revenue Procedure 2026-33, establishing the IRA Compliance Resolution System (ICRS). Effective May...

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natlawreview.com /1 day ago

Internal Revenue Service Confirms Church Integrated Auxiliaries Are Exempt from Form 990 Filing

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journalofaccountancy.com /1 week ago

AICPA recommends IRS clarification of Form 8050

The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax...

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journalofaccountancy.com /1 month ago

Congress approves funding bill that maintains IRS budget

A stopgap funding bill headed to the president would maintain the IRS’s $11.2 billion annual budget through Dec. 11 and prevent a second $11.6 billion funding rescission for now.

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washingtontimes.com /1 month ago

Appeals court rules IRS broke privacy laws in turning over records to ICE

The IRS broke a Watergate-era privacy law when it gave information on 47,000 people to ICE for use in immigration enforcement, a federal appeals court ruled Tuesday.

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accountingtoday.com /1 week ago

IRS teams with DOJ on tax fraud enforcement surge

The IRS and its Criminal Investigation division partnered with U.S. Attorneys' Offices around the country and uncovered more than $490 million in tax fraud.

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dailyvoice.com /3 weeks ago

IRS Launches New Tool To Help Taxpayers: How It Works

The Internal Revenue Service has launched a new app to give taxpayers more ways to manage their accounts.The agency has replaced its longtime IRS2Go app with a new IRS app that inc...

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accountingtoday.com /3 weeks ago

IRS scraps more old guidance

The Internal Revenue Service is ditching 71 revenue rulings, revenue procedures, notices and announcements it previously published.

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accountingtoday.com /4 weeks ago

IRS replaces IRS2go with new mobile app

The Internal Revenue Service debuted a new mobile app, replacing its old IRS2go app with a new one simply called IRS.

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journalofaccountancy.com /1 month ago

IRS enforcement activity fell despite record tax collections, TIGTA says

Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.

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accountingtoday.com /1 week ago

Tax Strategy: IRS identifies transactions of potential concern

The Internal Revenue Service is closely examining the tax strategies used by some exchange-traded funds, according to a recent notice and revenue ruling.

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currentfederaltaxdevelopments.com /1 week ago

Comprehensive Technical Analysis of IRS Disaster Tax Relief for Hurricane Isaias in Alabama and Florida

Internal Revenue Service, IRS Announces Tax Relief for Taxpayers Impacted by Hurricane Isaias in Alabama; Various Deadlines Postponed to Feb. 4, 2027 , News Release AL-2026-01 (...

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Sources covering Internal Revenue Service

dailyvoice.com

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natlawreview.com

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accountingtoday.com

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cbsnews.com

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currentfederaltaxdevelopments.com

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journalofaccountancy.com

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