IRS Overhauls Conservation Easement Dispute Strategy, Scraps Uniform Settlements, and Establishes Specialized Office
WASHINGTON — In a major strategic shift designed to address one of the most litigious areas of federal tax administration,...
Personal Tax Planning
Treasury and IRS Issue Landmark Regulations to Automatically Enroll Millions of Children in Trump Accounts
WASHINGTON — In a sweeping regulatory move expected to dramatically reshape the financial landscape for America’s youth, the U.S. Department...
IRS Proposes Strict Investment Guardrails for ‘Trump Accounts,’ Focusing on Low-Fee Index Funds and Long-Term Growth
WASHINGTON — In a major regulatory step that will shape the financial futures of millions of American children, the Internal...
IRS Unlocks Billions in Stalled High-Income Nonfiler Cases Following Watchdog Intervention
WASHINGTON — In the wake of a scathing federal watchdog report, the Internal Revenue Service (IRS) has advanced nearly 39,000...
Staggering U.S. GAO Report Reveals Federal Tax Fraud Siphons Up to $304 Billion Annually; Sparks Clash with IRS
By Financial News Desk In what marks a watershed moment for federal financial oversight, the U.S. Government Accountability Office (GAO)...
AICPA Applauds Passage of Bipartisan Disaster Tax Relief Legislation While Continuing the Push for Permanent Congressional Solutions
WASHINGTON — The American Institute of CPAs (AICPA) has thrown its full support behind critical federal disaster relief legislation that...
IRS Unveils Digitally Authenticated Tax Compliance Report to Streamline Verification and Combat Fraud
WASHINGTON — In a major modernization push aimed at streamlining administrative processes and bolstering digital security, the Internal Revenue Service...
IRS Cybersecurity Program Labeled Ineffective for Second Consecutive Year, Watchdog Warns
By Martha Waggoner | Enriched News Report Main Facts For the second consecutive year, federal watchdogs have issued a severe...
The Evolution of Mobile Tax Administration: IRS Rebrands and Expands IRS2Go Into the All-In-One "IRS" App
WASHINGTON — In a significant step toward modernizing federal tax administration and digital service delivery, the Internal Revenue Service (IRS)...
AICPA Pressures IRS to Modernize and Automate Taxpayer Name and Address Updates to Curb Compliance Delays
WASHINGTON — In a decisive push toward sweeping administrative modernization, the Association of International Certified Professional Accountants (AICPA) has formally...
IRS Enforcement Plunges in FY 2025 as Staffing Dries Up and Inflation Reduction Act Funds Run Out, Watchdog Warns
WASHINGTON — In a fiscal paradox that highlights the complex relationship between tax administration resources and federal revenue collection, a...
Congress Averts Government Shutdown, Secures IRS Funding Through December in Bipartisan Deal
WASHINGTON — In a decisive bipartisan vote that steers the federal government away from a fiscal cliff, Congress has successfully...
