This article discusses how excise tax changes may affect your business and what you can do to ensure tax compliance and avoid potential penalties.
IRS Practice & Procedure
This column discusses IRS notices and how taxpayers should react to them.
The IRS says it will again issue rulings on corporate leveraged spinoff transactions.
The 2017 appropriations bill passed by Congress includes $11.2 billion for IRS operations and enforcement. But it also includes specific directives prohibiting certain IRS conduct.
The details of a recent data breach affecting 100,000 taxpayers were revealed in testimony before the House of Representatives Oversight and Government Reform Committee in Washington.
Treasury and the IRS continue their scrutiny of captive insurance transactions that they deem to be abusive.
A taxpayer was not entitled to challenge a penalty, which was already disputed in an administrative proceeding at the IRS Appeals office, in a CDP hearing.
The IRS suspended the e-Services accounts of users who failed to verify their identities.
The IRS is allowing calendar-year C corporations a six-month filing extension, instead of the five-month extension specified in the Code.
The IRS released its annual list of the top 12 scams.
Key features include a large reduction in the corporate tax rate, fewer and lower tax brackets for individuals, and a repeal of the estate tax and the alternative minimum tax.
President Donald Trump signed an executive order directing the Treasury Department to review “significant” regulations that were issued in 2016 and 2017 to determine if the regulations cost too much, are too complex, or exceed the IRS’s statutory authority.
Cryptocurrency has gone mostly unregulated, but Coinbase could be just the first of many IRS targets.
Can the IRS challenge the calculation of the prior-period carryover amount and, in effect, reopen a closed return?
The IRS alerted tax practitioners that it plans to publish their registration information online.
This item discusses several popular tax credits and incentives and their potential future in light of tax reform proposals.
This item explores the risks for certain delinquent or substantially incomplete international information returns.
A taxpayer whose lawyer used print-at-home postage when mailing several Tax Court petitions timely filed those petitions, the Seventh Circuit held.
A credit made by the IRS to a taxpayer’s account, which stemmed from its misapplication of a payment for the taxpayer’s mother in an earlier year, was not an erroneous refund.
The appropriate situations for using rescission use are really very limited.