IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
14 New Weaknesses Discovered in IRS' Security Control Systems: GAO
By Melanie Waddell"Weaknesses like these place IRS' systems and data at risk," GAO said.
June 14, 2019
IRS Redesign Bill Poised to Arrive on Trump's DeskThe newly passed version of the Taxpayer First Act dropped a provision barring the IRS from creating free tax-prep software.
June 12, 2019
IRS Kills State Workarounds for SALT Deduction LimitThe regulation limits the deductibility of contributions to charitable funds designed to get around the $10,000 limit.
May 24, 2019
IRS to Taxpayers: Check Your Tax WithholdingIt's recommending a withholding "checkup" especially for two-income families, workers with multiple jobs and taxpayers who adjusted withholding in 2018.
May 20, 2019
IRS Audits on Wealthiest Americans PlummetAudit rates plunged 54% for those with AGIs of $10 million or more and 46% for those earning between $5 million and just under $10 million.
May 17, 2019
Retirees Beware: IRS Pension Buyout Stance Shifts (Again)The recent IRS change of course on this issue may add complications into the mix for retired clients who are already in pay status.
April 17, 2019
IRS Releases New Round of Regs for Opportunity Zone FundsThe latest regs are the most substantive to date and are expected to be the catalyst that unleashes investments in these funds.
April 16, 2019
IRS' 6-Year Modernization Plan to Cost Up to $2.7 BillionIRS Commissioner Rettig also told senators that taxpayer identity theft fell 71% between 2015 and 2018.