2024 tax filing season starts as IRS begins accepting tax returns today; taxpayer help expands this year with more in-person hours, better service, improved tools

As we start the 2024 filing season today, I just wanted to take a moment to especially thank everyone in the nation’s tax professional community.

The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season

Note from the Editor: When you are working with your clients on IRS notices, let us know if you notice any difference in the language or level of simplicity of the new notices.

The Internal Revenue Service renewed calls for businesses to review their eligibility for the Employee Retention Credit as the agency’s law enforcement arm, Criminal Investigation (CI), begins a se

While this advice from the IRS is a little late in coming for this tax season, for those who plan to continue providing services for their clients in using the Information Returns Intake System (IR

Treasury and the IR

If you are an enrolled agent with a Social Security number ending in 7, 8, 9 or those with no SSN, renew your status by January 31 to ensure you receive your new enrollment card before your current

Changes brought about by the 2022 Inflation Reduction Act mean that people on Medicare Part D plans now pay no more than roughly $3,300 on drugs annually—a number that could shift a bit based on wh