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The agency is anticipating over 128.7 million individual tax returns by the April 15, 2024, tax deadline.
January 8 -
The Internal Revenue Service will be hosting a Tax Professional Awareness Week starting Monday, Jan. 8.
January 5 -
Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.
January 3 -
The double taxation treaty between the U.S. and Hungary has been terminated as of Monday.
January 2 -
The IRS-sponsored program relies on hundreds of dedicated accounting volunteers to ensure filers receive the crucial and necessary tax refunds they depend upon and ultimately help people fight poverty and food insecurity.
December 27Sax LLP -
The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.
December 14 -
This will be the first reorganization for the Internal Revenue Service in over 20 years and reflects the new transformation goals underway at the agency.
December 13 -
The case coming before the Supreme Court stems from a 2017 tax law provision that aimed to tax earnings held overseas by big multinational companies.
December 4 -
A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.
November 30 -
The ultra-wealthy are using DAFs and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers.
November 16