IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Employer Tax Credit Regs Could Reshape Group Disability Plans
By Allison BellSection 45S requirements could push employers to eliminate all short-term disability benefits eligibility restrictions.
September 27, 2018
IRS Hands Out $13.6M Whistleblower AwardWhistleblower information led to the IRS collecting over $52.6 million in taxes, penalties and interest in the case.
September 20, 2018
House Ways and Means Chair Presses IRS to Update Crypto GuidanceTaxpayers need a better understanding of their obligations when it comes to virtual currencies, Rep. Kevin Brady wrote.
September 17, 2018
IRS Extends Tax Deadlines for Those Affected by Hurricane Florence; Other Agencies Reach OutThe SEC also says it is monitoring the situation.
August 24, 2018
IRS Moves to Block New York, New Jersey Plans to Bypass SALT CapThe proposed rule targets charitable workarounds to the limit on state and local tax deductions.
August 22, 2018
IRS Nixes Anticipated Pass-Through Tax Deduction WorkaroundsIn new regulations, IRS has identified and prohibited several potential strategies for maximizing the Section 199A deduction.
August 08, 2018
IRS Targets Loopholes for Business-Owner Tax BreakTreasury officials say the "crack and pack" technique is abusive.
August 06, 2018
IRS Ruling Could Saddle Multinational Life Insurers With Big Tax BillsIn theory, the change could increase life insurers' 2018 federal income tax spending by 25%.