IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Targets Loopholes for Business-Owner Tax Break
By Lynnley BrowningTreasury officials say the "crack and pack" technique is abusive.
July 30, 2018
IRS, Treasury to Issue 529 Plan RegsThe regulations will reflect tax law changes affecting 529 plans as they relate to tuition refunds, K-12 education and rollovers to an ABLE account.
July 09, 2018
Be a Benefits Rescue Hero: Help Employer Clients With IRS Letter 226JRemember the theory that the IRS could eventually enforce the ACA employer reporting rules? Well...
June 27, 2018
Trump's IRS Nominee to Face Questions on Management ExperienceCharles Rettig has spent decades helping wealthy people fight the agency's efforts to collect taxes.
May 30, 2018
AICPA Wants More IRS Guidance on Virtual Currency TaxesWhat about foreign reporting requirements? Or saving cryptocurrencies in a retirement account? These are just a few of the complex questions that arise.
May 24, 2018
New Jersey Warns IRS Against Banning Property Taxes as Charitable GiftThe state's attorney general threatened to sue the IRS if it disallows a state workaround on new caps for state and local tax deductions.
May 23, 2018
IRS Warns Against State Tax Deduction WorkaroundsThe agency's brief guidance also said it "intends to propose regulations" on the matter.
May 15, 2018
Midsize Employers Still Face ACA Hassles: Red Tape WranglerThe IRS has been telling some employers to pay millions of dollars in fines.