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IRS to End Unannounced Visits
Taxation
In a policy change aimed at protecting the safety of its employees and of taxpayers, the IRS will no longer make unannounced…
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House Republicans Seek to Stop Global Corporate Minimum Tax Agreement
Taxation
Republican members of the House of Representatives’ Committee on Ways and Means are seeking to block the United States…
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Congress Members Seek Bipartisan Agreement on Child Tax Credit
Taxation
A bipartisan group of Congress members plans to work on a proposal to enhance the existing Child Tax Credit (CTC), Roll Call…
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IRS Urges Tax Pros to Develop Security Plans
Taxation
The IRS and its Security Summit partners began their annual education effort by releasing a Written Information Security…
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OECD Gives U.S. More Time to Implement Global Minimum Tax
Taxation
U.S.-based companies will have an extra year before foreign countries can start imposing new taxes on them under the global…
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AmeriCorps Recovered $84 Million in Tax Benefits for Low-Income Taxpayers
Taxation
AmeriCorps, the federal agency for national service and volunteerism, recovered a record $84 million in overlooked…
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IRS Notice Defers Implementation of Rules for RMDs Under SECURE Act to 2024
Taxation
The IRS and the Treasury Department have issued Notice 2023-54, which defers the implementation of rules related to required…
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National Taxpayer Advocate Dings IRS for Incorrect Notices
Taxation
The Internal Revenue Service (IRS) has told taxpayers in federal disaster areas that they have to pay their taxes, despite…
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Senators Solicit Input for Digital Assets Tax Policy
Taxation
The two leaders of the U.S. Senate Committee on Finance have asked the public for policy ideas regarding the taxation of…
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