Four years after the enactment of a key pandemic-era law, the Internal Revenue Service released updated numbers showing Criminal Investigation (CI) has investigated 1,644 tax and money laundering c

The IRS has notified tax professionals of a programming error impacting e-filers of Form 1065, Schedule K-1, Line 20 for 2023. The error blocked e-filed partnership returns from using Code ZZ.

In December 2020, the IRS had around 16.5 million tax returns either being prepared for processing or on hold during processing because of the effects of the pandemic.

The Internal Revenue Service has announced that compliance efforts around erroneous Employee Retention Credit (ERC) claims have topped more than $1 billion so far since last fall as work continues

ERIN COLLINS, NATIONAL TAXPAYER ADVOCATE

Each year in mid-March, government agencies and the public celebrate Sunshine Week, a national initiative to promote open government and freedom of information.

Joining the Taxpayer Advocacy Panel (TAP) offers a unique opportunity to participate in the improvement of both the American tax administration system and the Internal Revenue Service.

Businesses that file 10 or more information returns must e-file Form 8300

Last December, the Internal Revenue Service announced that businesses that received improper Employee Retention Credit (ERC) amounts could let the agency know about the error.