As crypto investors face market volatility and tax pressure, the IRS Hardship Program offers temporary relief from collections and penalties.

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

The U.S. Senate passed a bill that will simplify the way the IRS sends math or clerical error notices to taxpayers regarding ...

The Internal Revenue Service has sent out a major reminder for tax professionals before the next season in 2026 ...

Newly disclosed documents provide new details on the back-and-forth over providing sensitive taxpayer information to ...

Even though you only have to file a federal income tax return once per year, you generally must make tax payments to the IRS ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as ...

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...

Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.

The IRS reportedly filed the $8,218,211 federal income tax lien in November 2023, although that's some time after Rozier is ...