The IRS is stepping up oversight as bitcoin surges near $100,000. Tax audits and criminal cases are happening more often, and new rules starting next year mean the IRS will know even more about your ...

All pages of Form 6251 are available on the IRS website ... The AMT collected $4.7 billion in 2019, about 0.3% of individual income tax revenue but significantly less than the $36.2 billion ...

In a recent court case, three taxpayers succeeded in obtaining an award of their litigation expenses from the IRS even though ...

By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

A Federal Trade Commission (FTC) lawsuit seeking changes for consumers who use H&R Block’s online tax filing services. H&R Block has agreed to a settlement that will impact the 2025 tax filing ...

The ASU clarifies how the existing guidance would apply to settlements of convertible debt instruments with cash conversion ...

The IRS had been automatically assessing penalties for late-filed Forms 3520, Part IV, which deal with reporting foreign gifts and bequests, at the time when they were filed. National Taxpayer ...

Millions of taxpayers could owe the AMT if Congress allows the tax breaks de-fanged in the 2017 Tax Cuts and Jobs Act to ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings ... agreement made on or after January 1, 2019, those payments are not taxable.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...

The implementation of the Internal Revenue Service's "$600 rule" is being postponed until next year, giving affected taxpayers one more year before they may start receiving tax forms triggered by ...

The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related savings ...