IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Crime Report Highlights High Conviction Rate Despite Dearth of Agents
By Elizabeth FestaFinancial crime has proliferated over the past few years and cybercrime looms large.
October 17, 2018
IRS Helps Federal Agencies Tap Variable Life and Annuity UsersRevenue Procedure 2018-54 would ease sales of 'uniform mortgage-backed securities.'
October 03, 2018
IRS Clarifies Rules on Business Meal DeductionsThe 2017 tax overhaul repealed entertainment-related deductions but didn't lay out rules for business meals.
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.