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The standard-setter has appointed its technical director as its newest member, succeeding vice chair James Kroeker.
November 14 -
Commissioner Danny Werfel and Taxpayer Advocate Erin Collins discussed the enhancements the IRS has been making thanks to the additional billions of dollars of funding.
November 14 -
The service announced its annual inflation adjustments, including increases in the standard deduction and changes in tax brackets.
November 9 -
The service's development of its newly introduced business tax accounts and recent improvements in its tax pro accounts could be jeopardized if funding is cut.
November 3 -
The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.
October 5 -
The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.
October 4 -
Your employees' well-being; statutory residency; new blog in town; and other highlights from our favorite tax bloggers.
October 3 -
Close to a thousand taxpayers who earn over $1 million a year failed to file tax returns over multiple recent years, potentially owing $34 billion in taxes, according to IRS data.
September 28 -
The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.
August 30 -
The Internal Revenue Service issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.
August 30