Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more ...

The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...

The Internal Revenue Service has been hiring different kinds of workers in its Office of Tax-Exempt Bonds, and bringing on more of them, resulting in more newly started cases, more people on calls to ...

Because a limited liability company (LLC) made a valid early election into the audit and examination regime of the Bipartisan Budget Act (BBA), P.L. 114-74, the IRS’s final partnership administrative ...

The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022. Last year, the IRS announced a restructured ...

IRS Commissioner Danny Werfel said Thursday that the effort will begin with compliance letters going out to high-income taxpayers in 125,000 cases where third-party information indicated federal tax ...

Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...

The city of Shreveport last year was assessed $1.6 million in penalties and interest by the IRS for failing to file a ...

The IRS added six more forms to the list of forms that can now be signed electronically to respond to the coronavirus pandemic. The IRS identified a dozen forms for which is will accept e-signatures ...