IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Extends 'Popular' Tax Provisions
By Melanie WaddellAbove-the-line qualified tuition and related expenses and mortgage insurance premiums are among the provisions.
February 19, 2020
High-Income Tax Evaders Can Expect IRS Home VisitIRS to boost face-to-face visits with taxpayers earning $100,000 or more that did not file a tax return.
February 12, 2020
IRS Needs to Clarify Virtual Currency Rules: GAOIRS and Treasury's FinCEN also need to explain how foreign asset reporting laws apply to virtual currency, GAO said.
February 12, 2020
IRS Shows How the TCJA Life Policy Sale Tax Rules Might Really WorkOne sample shows a consumer's taxable income from a policy sale going to zero, from $19,750.
February 11, 2020
IRS Floats Updates to Income Tax Withholding RulesThe proposed regulations reflect changes tied to the 2017 tax overhaul and other legislation.
February 05, 2020
IRS Needs a Major Tech Overhaul, Groups SayTax professionals have some suggestions for the IRS' upcoming reorganization.
February 03, 2020
IRS Offers Older Taxpayers a Senior-Friendly Form 1040Form 1040-SR is easier to read and allows income reporting from sources common to seniors.
February 03, 2020
IRS to Send 12 Teams Out to Audit Micro CaptivesThe teams could look at 'several thousand' insurance arrangements.