IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS to Hire 200 Attorneys to Combat Tax Schemes
By Melanie WaddellNew hires will help the IRS manage its increasing caseload in its multi-year effort to stamp out abusive schemes.
January 11, 2022
IRS Warns of Bumpy Tax Filing Season AheadThe commissioner warned that "the pandemic continues to create challenges" for filing season, which starts Jan. 24.
January 10, 2022
Tax Court Decision Shows Pitfalls of Self-Directed IRAsWhile a checkbook control IRA can give the account owner more control over retirement investments, serious negative tax consequences can result.
January 07, 2022
IRS' Top 10 Criminal Cases of 2021"The investigative work of 2021 has all the makings of a made-for-TV movie," the agency's top cop says.
December 29, 2021
Debate: Should Congress Impose a 15% Minimum Tax on Firms With at Least $1B in Profits?Two professors discuss the tax proposal as a means to pay for social spending in Build Back Better, and its likelihood of passage.
December 28, 2021
Last-Minute Tax Loss Harvesting Tips for 2021Clients have a few days left to prevent a surprise tax hit from digging into their profits, say the two tax experts.
December 28, 2021
8 Bitcoin Tax Facts to KnowAre you advising your clients correctly when it comes to their investments in cryptocurrencies and the IRS?
December 17, 2021
Debate: Should Crypto Exchanges Be Required to Report on Customers to the IRS?Two professors discuss the increased reporting requirements on cryptocurrency "brokers" and recipients under the new infrastructure law.