IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Senate Republican Calls for Tightening Net Investment Income Tax Rules
By Allison BellRick Scott used the issue to take a swipe at the Biden family's income taxes.
September 20, 2023
New IRS Unit to Focus on Tax Dodging by Pass-ThroughsThe unit will crack down on large partnerships using pass-throughs to shield income, IRS' commissioner said.
September 18, 2023
Hunter Biden Sues IRS Over Tax Disclosures by Agency EmployeesThe lawsuit refers to an "assault" on his rights from the televised disclosure of confidential tax information.
September 18, 2023
IRS to Hire 3,700 Agents to Audit Wealthy Tax DodgersThe new hires will be specialized agents focused on high earners and complex partnerships, the IRS says.
September 15, 2023
New Bill Requires IRS to Create Short Form for Taxpayers Living AbroadThe bill would also expand the Foreign Earned Income Exclusion to include retirement income earned overseas.
September 08, 2023
IRS Launches New Crackdown on Wealthy Tax CheatsThe new initiative will be driven by AI and other technology to help IRS better detect tax cheating.
September 07, 2023
Looming DOL Rules Could Have 'Long-Term Ramifications,' Lawyer WarnsA DOL fiduciary rulemaking is not the only development advisors should watch, Brad Campbell says.
September 06, 2023
IRS Clears Up a Confusing Business Tax Reporting QuestionA tax form used to disclose pass-through entity profits does not allow negative amounts.