IRS Modernizes Financial Verification with Secure, Digitally Authenticated Tax Compliance Reports
WASHINGTON — In a major leap forward for digital government services and taxpayer convenience, the Internal Revenue Service (IRS) has...
Personal Tax Planning
AICPA Pushes IRS to Automate Taxpayer Name and Address Updates to Curb Compliance Delays and Costs
WASHINGTON — In a direct push for sweeping technological modernization within the federal tax administration, the Association of International Certified...
IRS Enforcement Rebound Hits a Wall: FY 2025 Report Reveals Plummeting Staffing and Slashed Audits Amid Record Tax Revenues
WASHINGTON — In a fiscal paradox that highlights the complex mechanics of the United States tax system, the Internal Revenue...
Congress Averts Shutdown as House Passes Stopgap Bill Protecting IRS Funding Through December
WASHINGTON — In a decisive bipartisan display, the United States Congress has successfully averted a looming federal government shutdown. Lawmakers...
AICPA Pushes Back Against IRS Guidance on Passing AI Cost Savings to Clients
WASHINGTON — The American Institute of CPAs (AICPA) has formally requested clarification from the Internal Revenue Service (IRS) regarding newly...
The IRS’s Fiscal 2026 Filing Season: A Tale of Digital Triumph and Human Frustration
The Internal Revenue Service (IRS) navigated the 2026 filing season with a performance that can best be described as a...
IRS Tightens Oversight: Final Regulations Target Abusive Charitable Remainder Annuity Trust Schemes
In a definitive move to curb sophisticated tax avoidance, the Internal Revenue Service (IRS) has issued final regulations (T.D. 10051)...
The Infinite Audit: Supreme Court Declines Murrin, Leaving Taxpayers Vulnerable to Decades-Old Fraud Claims
In a decision that carries profound implications for tax administration and the finality of financial record-keeping, the U.S. Supreme Court...
IRS Overtime Costs Surge Amid Workforce Exodus and Operational Crisis: A TIGTA Report Analysis
The Internal Revenue Service (IRS), already struggling to manage a ballooning backlog of tax returns and the lingering effects of...
IRS Revolutionizes Penalty Relief: Transitioning to Automatic Abatement for Compliant Taxpayers
In a significant move toward modernizing taxpayer services and reducing administrative burden, the Internal Revenue Service (IRS) has officially announced...
Millions of Taxpayers Left Waiting: New Watchdog Report Exposes Persistent IRS Customer Service Failures
A scathing new report from the Treasury Inspector General for Tax Administration (TIGTA) has cast a spotlight on the persistent...
IRS Announces Midyear Hike in Standard Mileage Rates Amid Surging Fuel Costs
In a rare and significant midyear adjustment, the Internal Revenue Service (IRS) has officially raised the optional standard mileage rates...
