IRS
What You Need to Know About Taylor Swift Tickets and a New IRS Rule
Here’s what you need to know about how reselling concert tickets (not just those for Swift’s Eras Tour) might impact your tax bill.
Three Complex Tax Issues Businesses are Facing Now
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
Louisiana Tax Relief Granted by IRS After Seawater Intrusion
The agency has granted Louisiana tax relief to affected taxpayers following seawater intrusion of the Mississippi River.
IRS Adds Features to Tax Pro Account for Managing Client Authorizations
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
Government Shutdown Likely Averted with Last-Minute Temporary Spending Deal in House
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
IRS’s Government Shutdown Plans Include Furloughs and Few Services
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.
AICPA Asks IRS to Release Contingency Plan in Case of Government Shutdown
The letter goes on to express concern that an October shutdown of the government will likely impact the timely processing of extended 2022 tax returns due by Oct 16, 2023.
Ways and Means Votes to Release More of Hunter Biden’s Tax Documents
The House panel voted along party lines to disclose additional documents related to the probe into the president's son's taxes.