IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Health Premium Tax Credit Spending Rises Sharply: IRS
By Allison BellThe end of the cost-sharing reduction subsidy program may have increased ACA tax credit spending.
January 12, 2020
ACA Premium Tax Credit Problem Reports Drop: IRS AdvocateThe federal Taxpayer Advocate Service helped fewer people with Affordable Care Act premium tax credit problems in federal fiscal year 2019 than in…
January 06, 2020
Identity Theft Drops for Third Year in a Row: IRSIt credits an "aggressive" push involving interagency cooperation for the drop.
January 03, 2020
IRS Updates Guidance on Virtual Currency DonationsWhat charitable donors and recipients should know about the tax treatment of cryptocurrency contributions.
December 26, 2019
IRS Cuts ACA Individual Mandate Penalty Out of Tax FormsThe agency notes that, legally, the coverage requirements do still apply.
December 02, 2019
IRS Slashes Insurers' 2019 ACA Coverage Reporting BurdenEmployers may have to send out about as many 1095-C forms as they did for 2018.
November 22, 2019
IRS Issues Final Regs on Gift and Estate Tax ExclusionLarge gifts made between 2018 and 2025 will not lose the tax benefit of the higher exclusion level once it decreases after 2025.
November 17, 2019
IRS Micro Captive Net May Snare Some Life ArrangementsA tax lawyer says seeing two layers of tax benefits tends to make the IRS unhappy.