The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...

As agencies enter a new White House-directed era of data sharing, an IRS watchdog is highlighting a cautionary tale involving the transfer of inaccurate tax information that may have impacted millions ...

The Internal Revenue Service (IRS) recently released IRS Form 15620, Section 83(b) Election (Form 15620), an approved form for taxpayers to use to make a Section 83(b) election. A taxpayer is not ...

The IRS has revised Form 8915-F, “Qualified Disaster Retirement Plan Distributions and Repayments.” The form is used to report on distributions made in response to qualified disasters. The revised ...

Explore the various types of IRS Form 1099 that lawyers and law firms handle both as senders and recipients, and understand why law firms deal with these forms more frequently than most other ...

WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) There is an onerous issue ...

WASHINGTON — The IRS is warning nearly 1 million taxpayers that they may be leaving more than $1 billion on the table because they never filed a 2020 return. The federal tax collector said Monday that ...