News

But what happens if a letter from the IRS or the state tax commission shows up in the mail? Paul Hood, with Hood CPAs, says receiving a letter doesn’t necessarily mean taxpayers have made a mistake.
Regarding the IRS’s acting commissioner’s sudden departure (Friday Review-Journal): Normally, the treasury secretary selects his top staff, so Scott Bessent was right to be upset that Elon Mus ...
“IRS Commissioner Resigns” used to be an uncommon headline, but as of late, it’s one we’re seeing often. The latest resignation came earlier this month from acting Commissioner Melanie ...
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 ...
Languages: English. A group of Democratic lawmakers have penned a letter warning that personnel cuts at the Internal Revenue Service (IRS) could have "profound effects" on the delivery of tax ...
The Internal Revenue Service (IRS) recently issued Private Letter Ruling (PLR) 202504006, addressing several important estate and gift tax questions related to the division of a marital trust and ...
This request, detailed in a letter obtained by various news outlets, cites the recent expansion of the IRS workforce under the Biden administration and suggests some of those agents could be ...
The IRS is in Chaos The Tax Letter DOGE, departures, data agreements and more are creating havoc at the IRS. Ask the Editor: Reader Questions, April 25 — 529 plans In our latest Ask the Editor ...
Willis Towers Watson says it helped an employer get the recent Internal Revenue Service ruling approving a new type of "employee choice" benefits program. The ruling gave the employer that asked ...
The Chief Information Officer for the IRS, Rajiv Uppal, responded to the TIGTA audit saying in a letter that a new IT roadmap will be coming in the 2025 and 2026 calendar years. While the IRS has ...
You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is one of those samples… The IRS is scrutinizing tax ...