News & Updates

IRS releases tax inflation adjustments for tax year 2025

IRS and Treasury issue guidance on implementation of advanced manufacturing investment credit

IRS reminds tax professionals to renew PTINs for 2025 tax season

IRS announces launch of pass-through compliance unit in LB&I; new group brings together teams of specialists from across the agency to tackle large or complex exams

Treasury, IRS issue guidance for the Sustainable Aviation Fuel Credit

IRS provides free Nov. 18 webinar on Compliance Assurance Process to help large businesses

IRS launches 2024 Nationwide Tax Forum Online: Tax professionals can now access new online seminars

IRS warns taxpayers of charity scams following recent hurricanes; provides tools to help people verify legitimate groups

IRS granting dyed diesel penalty relief as a result of Hurricane Milton

IRS announces extension of time for certain applicable entities to make an elective payment election on Form 990-T

IRS relief now available to Watch Fire victims in the San Carlos Apache Tribe in Arizona; multiple deadlines postponed to Feb. 3, 2025

IRS help available to victims of Hurricanes Helene and Milton; May 1 deadline now applies to individuals and businesses

IRS provides Hurricane Milton relief; May 1 deadline now applies to individuals and businesses in all of Florida; many businesses qualify for deposit penalty relief

IRS releases 2022 tax gap projections; voluntary compliance rate among taxpayers remains steady

Treasury and IRS issue proposed regulations providing clarity regarding the federal tax classification of entities entirely owned by Tribal governments

IRS reminds taxpayers of Oct. 15 tax-filing extension deadline; combat zones, disaster areas, Israel have more time

Treasury and IRS issue final regulations identifying syndicated conservation easement transactions as abusive tax transactions

IRS Direct File set to expand availability in a dozen new states and cover wider range of tax situations for the 2025 tax filing season

Treasury and IRS issue guidance on long-term, part-time employees in 403(b) retirement plans and announce delayed applicability date for related final 401(k) regulation

IRS relief now available to wildfire victims in parts of Washington; multiple deadlines postponed to Feb. 3, 2025