News

The AICPA on Thursday sent a letter to the IRS with recommendations to two areas of new instructions to Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent. The AICPA ...
is reminding tax-exempt organizations that the deadline to file IRS Forms 990-N, 990-EZ, and extension Form 8868 is quickly approaching on May 15, 2025. HERNDON, VA / ACCESS Newswire / May 3 ...
The Trump administration's plan to trim the IRS workforce has resulted in almost one-third of its tax auditors leaving the agency through March, according to a report from the U.S. Treasury ...
The IRS has shed more than 20% of its workforce since President Donald Trump took office, wiping away the Biden administration’s highly touted hiring gains. Those cuts have yet to factor in ...
The IRS has issued a crucial reminder for victims ... also file for an extension between April 15 and May 1, 2025, using Form 4868, but these requests must be submitted on paper.
Trump announced in early December that he was nominating Republican former Rep. Billy Long to be the next IRS commissioner. The president and his supporters believe Long, who previously sponsored ...
Get the latest federal technology news delivered to your inbox. The IRS has shed more than 20% of its workforce since President Donald Trump took office, wiping away the Biden administration’s ...
President Trump doesn’t have the legal authority to nix Harvard University’s tax-exempt status on his own. But will that stop him? Trump, who has shown a willingness to test the boundaries of ...
The IRS is sending a stern message to its staff that working weekends and overtime during May is mandatory despite another round of layoffs. The IRS is sending a stern message to its staff that ...
When the IRS secretly demands your financial records and private information from a third party, without a warrant, what rights do you still have? That's the question at the heart of Harper v.