IRS
IRS Nears Major Hiring Milestone
The agency has increased its full-time staff to nearly 90,000, a level not seen in more than 10 years, Commissioner Danny Werfel said.
Ex-IRS Employee Sentenced for Selling Morphine That Killed a Co-Worker
Margarita Aispuro-Camacho, a former clerk with the IRS in Fresno, CA, was sentenced Monday to 14 months in prison.
Improving Workpaper Tools and Processes Could Unlock Opportunities for Corporate Tax Professionals
A new survey shows the most urgent workflow challenges faced by tax professionals at large U.S. corporations may be alleviated by the optimization of workpapers processes and tools.
Is Tax Relief on the Horizon for Marijuana Businesses?
Marijuana businesses get tax relief in some states to help with their thorny income tax issues.
National Land Realty Launches “Land 1031” Exchange Service
1031 exchanges continue to be popular with landowners because of their ability to maximize value for landowners while ensuring a more favorable post-tax financial outcome.
IRS Offers Tax Filing Extensions to Hawaii Wildfire Victims
This IRS relief is available to all residents and businesses in any area designated by the Federal Emergency Management Agency (FEMA).
IRS Agent Fatally Shot Accidentally During Training at Phoenix Gun Range
The shooting occurred Thursday morning at a federal prison’s gun range during routine interagency exercises.
How Retirement Income Gets Taxed
Required minimum distributions (RMDs) currently kick in at age 72 for holders of traditional IRAs and 401(K)s.