In a recent court case, three taxpayers succeeded in obtaining an award of their litigation expenses from the IRS even though ...

National Taxpayer Advocate Erin Collins is objecting to proposed regulations that would enable the Internal Revenue Service to shorten its third-party notice requirements to as little as 10 days, ...

No one likes to pay penalties to the IRS when they fail to follow IRS regulations. In this column I’ll explain some ways to ...

The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...

They bought a house from two people from another country. Then the buyers got a letter from the IRS, fining them because a ...

The delay, the third by the IRS for Form 1099-K reporting for third-party settlement organizations, will treat 2024 and 2025 as transition years.

Occurred on May 26, 2022 / O'Fallon, Illinois, USA Info from Licensor: "William Fanene is known as a 'Celebrity Teacher of ...

The long efforts to put in place the enforcement mechanisms to attack syndicated conservation easements appear to at last be ...

The Stop Terror-Financing and Tax Penalties on American Hostages Act was passed Thursday and now heads to the president's ...

The IRS intends to issue opinion letters on Nov. 29 — or, as soon as possible thereafter — for certain 403(b) pre-approved plans. The news came in IRS Announcement 2024-38. More specifically, the IRS ...

Americans have abandoned 29.2 million 401(k) accounts holding trillions in assets. You can find them using a new government ...