If you have clients in parts of four states that were affected by springtime disaster declarations, remind them that their 2022 federal income tax returns and tax payments are due on Monday, July 3

Tax professionals are prime targets of criminal syndicates that are both tech- and tax-savvy.

A quick refresher on eligibility for the Employee Retention (Tax) Credit (ERC/ERTC): the credit is available to eligible employers that paid qualified wages to some or all employees after March 12,

From the Editor: FYI – The Internal Revenue Service submitted a report to Congress evaluating a Direct File option for taxpayers and is taking steps to begin a pilot project for the 2024 filing

Following a consequential loss when the Supreme Court held that non-willful foreign bank account reporting penalties apply per form, the IRS has decided to eliminate mitigation for those penalties

The IRS has updated IRS Publication 1586 (Reasonable Cause Regulations and Requirements for Missing and Incorrect Name/TINs).

The Internal Revenue Service continues expanding Taxpayer Assistance Centers across the country while also starting a special series of events to help taxpayers located in areas not close to the ag

The IRS has changed the required minimum distribution (RMD) rules for those non-spouse beneficiaries who inherit 401(k) and IRA funds and for those who turned age 72 in 2023.

When selling a home, homeowners should think about: