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IRS will audit more high-income taxpayers and large corporations. Here's what that means

The Internal Revenue Service (IRS) last week released an annual update on its Inflation Reduction Act (IRA) Strategic Operating Plan. The guide was originally…

IRS Enhances Business Tax Account Access for S Corporations and Partnerships

IRS enhances business tax accounts with new access for S corporations and partnerships, enabling easier transcript management by going online

IRS consolidates deputy commissioner roles, names other c-suite leaders

It’s the first time the agency’s upper echelons have been restructured in nearly two decades.

IRS announces delay in income reporting for platform such as Facebook

IRSWASHINGTON — Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the Internal R

IRS delays $600 Form 1099-K threshold, plans to phase in compliance at $5,000

IRS Announces Big Changes To Form 1099-K, Including Another Reporting Delay

The IRS announced that it would delay the new $600 Form 1099-K reporting threshold for third-party settlement organizations for 2023.

Inflation Reduction Act 1-Year Report Card: IRS Delivers Dramatically Improved 2023 Filing Season Service, Modernizes Technology, Pursues High-Income Individuals Evading Taxes

OPM's David Padrino Named New Chief Transformation and Strategy Officer at IRS

IRS Taps Padrino For New Role Focused On Improving Taxpayer Experience

Today, the Internal Revenue Service announced the selection of David Padrino to serve as the Chief Transformation and Strategy Officer, a recently created role at the ...

Remarks by Secretary of the Treasury Janet L. Yellen Before the Treasury Advisory Committee on Racial Equity