The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely on proposed regulations until they are final. An AICPA tax leader updates ...

The IRS has also released Revenue Procedure 2025-10 ... an employee if certain statutory requirements are met: a. A prior audit where there was no assessment of employment taxes attributable ...

From Tax Bracket Adjustments to New Audit Priorities, Clear Start Tax Helps Taxpayers Navigate the Year’s Key IRS Changes ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

Some Republican lawmakers had falsely claimed that the funding would be used to hire 87,000 new IRS agents to "to audit Walmart shoppers." But the IRS has said the new funding is being used to ...

Opinion: Plante Moran's Jennifer Keegan and Ginger Powell analyze the IRS's auditing approach to the R&D tax credit and ways ...

But for millions of taxpayers, there is no such closure. Instead, under current law, the IRS generally has three long years to audit their tax returns. Originally instituted in 1934, this long ...

Defense Secretary Pete Hegseth on Monday alleged that the Biden administration “rushed” an IRS audit of him after he was nominated, suggesting that the former administration ordered a ...

The IRS expanded the tax pro account, which now includes the ability to view individual and business taxpayer payments, and made other digital improvements, the agency said, as part of the quarterly ...