IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Extends Deadline to Register for Stimulus Payment
By Melanie WaddellThe IRS is providing more time for non-filers to register to get their $1,200 economic impact payment.
September 21, 2020
IRS Finalizes Last Set of 100% Bonus Depreciation RulesThe deduction applies to property acquired and placed in service after Sept. 27, 2017; IRS also issues regs on estates, non-grantor trusts
September 17, 2020
IRS Plugs a Hole Left by a Missing DeductionA new regulation addresses an unintended effect of the death of the personal exemption deduction.
September 09, 2020
IRS Reaches Out to Americans Who Didn't Get Stimulus PaymentsThe IRS is sending letters to about 9 million people who didn't file tax returns but may be eligible.
August 31, 2020
IRS Issues Payroll Tax Deferral Guidance Amid Widespread CriticismAccounting exec Daniel Morris recommends that employers "don't walk, but run, from this poorly designed program."
August 24, 2020
IRS Provides Tax Relief for California Wildfire VictimsThe news comes as the Golden State faces at least 625 fires statewide being battled by 14,000 firefighters.
August 19, 2020
How the IRS' Tax Backlog Could Affect Your ClientsMany taxpayers are receiving IRS notices for nonpayment of taxes that they already paid. Here's what to do, according to CPAs.
August 17, 2020
IRS Allows Electronic Filing of Form 1040-XIt's one of the last major individual tax forms that needed to be paper filed, the IRS said.