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House GOP Sets up Tax Teams to Study Expiring Provisions of 2017 Tax Law
Taxation
The top Republican on the U.S. House of Representatives’ tax-writing committee has introduced 10 tax teams charged with…
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Five Nations' Tax Authorities Warn Financial Institutions of Crypto Asset Risk Indicators
Taxation
The Joint Chiefs of Global Tax Enforcement (J5) have warned financial institutions about risk indicators tied to crypto…
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IRS to Make Its Free Direct File Program a Permanent Option Nationwide
Taxation
The IRS announced that it will make its free Direct File program “a permanent option for filing federal tax returns…
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Treasury and IRS Issue Proposed Guidance on Clean Energy Tax Credits
Taxation
The U.S. Treasury Department and the IRS released proposed guidance for owners of qualified clean electricity facilities…
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IRS Whistleblower Claims Agency Lags in Investigating Puerto Rico Tax Break Abuse
Taxation
An IRS insider has blown the metaphorical whistle on the tax agency’s failure to investigate individuals who may be taking…
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IRS Extends Free File Program for Five Years
Taxation
The IRS announced that it will continue its Free File program through October 2029, Accounting Today and CPA Practice…
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IRS Drafting New Regulations on Digital Asset Reporting Requirements
Taxation
The IRS is in the process of drafting proposed regulations on digital asset reporting requirements, but the details are yet…
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IRS Adds Protections to Guard Against Identity Theft
Taxation
The IRS announced that it has added new protections to two of its systems in order to guard against identity theft,…
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IRS Warns of Scams on Social Media That May Lead Taxpayers to File Erroneous Claims
Taxation
The IRS has issued an alert about a series of tax scams and inaccurate social media advice. Such scams have prompted…
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