Four days before the filing deadline, the IRS quietly added 21 questions to its website page of frequently asked questions about issues related to Section 199A, the new 20 percent deduction for pass-through businesses.
Auditors and people; whistleblowers’ comfort; Wayfair developments; and other highlights from our favorite tax bloggers.
The revenue procedure updates the depreciation deductions allowed for owners of passenger automobiles, trucks and vans placed in service in 2019.
Treasury Secretary Steven Mnuchin headed for another clash with Representative Maxine Waters as Democrats ratchet up pressure over his refusal to turn over President Donald Trump’s tax returns.
U.S. corporations are contributing the smallest share of federal tax revenue in a generation.
A recent court decision on FBAR penalties could impact the tax reporting of the newest member of the British royal family.
The Internal Revenue Service’s audit rate went down again in 2018, according to data released Monday by the IRS.
The Schedule D instructions had the older, higher tax rates for investors that were changed by the 2017 tax law.
The CCH outage; dark influencers; prep and the military life; and other highlights from our favorite tax bloggers.
The Internal Revenue Service is searching for a new National Taxpayer Advocate, who will be succeeding longtime Taxpayer Advocate Service leader Nina Olson.