The IRS recently released updated FAQs addressing educational assistance programs under Internal Revenue Code Section 127.

A 68-year-old retiree living alone collects $30,000 a year from Social Security and pulls another $35,000 from a traditional ...

Auditing the IRS” is a conversation series featuring IRS watchdog Bruce Willey and tax experts, legislators, former IRS ...

The final regulations retain the general framework of the proposed regulations, with some important modifications based upon comments from industry members. The acquisition and retirement of energy ...

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises. By Andrew Duehren Reporting from ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The American Institute of CPAs (AICPA) has submitted comments to the Internal Revenue Service (IRS) setting out ...

Sharing some taxpayer information with Immigration and Customs Enforcement amounted to the IRS breaking federal law “approximately 42,695 times,” a federal judge said in a court filing Thursday. That ...

The Internal Revenue Service manages the collection of federal taxes and administers the statutory tax laws that provide the primary source of funding for U.S. government operations. Operating as a ...

WASHINGTON, DC - APRIL 07: A small sign indicates the headquarters of the Internal Revenue Service on April 07, 2023 in Washington, DC. In the area of gift taxes, one of the fundamental principles in ...