IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Warns of Schemes Tied to Employee Stock Ownership Plans
By Melanie WaddellIn addition, the IRS said that it has seen promoted arrangements using ESOPs that are "potentially abusive."
August 02, 2023
IRS to Digitally Process All Tax Returns by 2025By the 2024 filing season, taxpayers will be able to go paperless if they choose to.
July 28, 2023
Considering NFTs? Think Twice Before Using IRA DollarsThe IRS may tax NFTs as collectibles, which could have serious consequences for investors holding them in IRAs.
July 28, 2023
IRS Names Strategy Chief to Spearhead Use of $80B Funding BoostDavid Padrino will focus on short- and long-term improvements under the agency's new operating plan.
July 27, 2023
7 Annuity Exclusion Ratio Basics to KnowHow clients apply the rules depends on the types of annuities they own.
July 25, 2023
17 Celebrities Who Ran Into Tax TroubleWhile some of these A-listers worked with the authorities to settle their charges, others landed behind bars.
July 24, 2023
IRS Halts Most Unannounced Home VisitsThe change is a response to safety concerns for both agents and taxpayers, the IRS says.
July 24, 2023
6 New IRS Guidelines Advisors Should KnowDigital assets, RMDs, and HSAs are just a few of the topics addressed so far in 2023.