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The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
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Lawmakers in Congress have their eyes on several pieces of tax-related legislation that may or may not get passed this year, though the upcoming November midterm election is bound to affect any possibility of the bills advancing.
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April's tax platform for wealth managers can be used as either a standalone product or embedded into existing workflows.
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Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.
Only a few state governments are ready to transition out of the IRS FIRE system and into its new IRIS system next year.
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