Skip to main content
The whole site
News & features
IRS Issues 2016 Deduction Limits for Health Savings Accounts
Limitation is $3,350 for individuals with self-only coverage under high-deductible plan; $6,750 for family coverage.
May 12 2015
IRS Showing Improvement in Processing Political Groups’ Tax-Exempt Applications
IRS has completed processing for 149 of the 160 tax-exempt applications that had remained open at the end of 2012.
May 7 2015
IRS: Exempt Organizations Must File 990-Series Forms by May 15
Agency cautions tax-exempt groups not to include Social Security numbers or other personal information on forms.
May 6 2015
AICPA Sends IRS Tax-Related Recommendations for Priority Guidance Plan
The US Treasury and the IRS use the plan each year to identify and prioritize tax issues that should be addressed.
May 5 2015
IRS Penalty Relief Program Available for Small Business Retirement Plans
Under pilot program, late filers would be given until June 2 to file their required annual returns without penalty.
May 4 2015
How Long Did the IRS Keep Taxpayers on Hold During Filing Season?
A TIGTA report found that millions of calls to IRS help centers from people seeking tax advice went unanswered.
Apr 23 2015
Senator Orrin Hatch to IRS: Let’s Get Fiscal!
In a letter to IRS Commissioner John Koskinen, Hatch criticized the IRS for “wasteful spending,” including expenditures for a stair-climber and give-away toy items.
Apr 15 2015
California and Colorado Are the Worst States for IRS Audits: Study
Report by TaxAudit.com reveals where taxpayers are most likely to be audited by either the IRS or by their state.
Apr 14 2015
April Showers Bring More Criminal Prosecutions by the IRS
An analysis of government data shows that many IRS prosecutions are timed to coincide with tax-filing season.
Apr 14 2015
Identity Theft Victims Are Waiting Months for Their Tax Refunds, TIGTA Says
In FY 2013, the IRS took on average 278 days to resolve the tax accounts of identity theft victims due a refund, a report found.
Apr 13 2015
Interest Rates Will Remain Unchanged for Q2 of 2015, IRS Says
Set to begin on April 1, the interest rates are computed from the federal short-term rate, determined last January.
Mar 26 2015
IRS Chief: 2015 Tax-Filing Season ‘Going Well’ Despite Agency Woes
John Koskinen said this week that the fact tax season started on time is a “stunning achievement by our employees.”
Feb 26 2015
Is Your Number Up? PTIN Rules You May Not Have Known
You know you need a PTIN—but learn little-known details that can save you hassles later.
Feb 20 2015
IRS Is Allowing Taxpayers to Make Appointments at 10 Walk-in Assistance Centers
The IRS hopes the new appointment-based service approach will help taxpayers avoid long lines this tax season.
Feb 18 2015
IRS Says 2015 Tax-Filing Season Is Strong Out of the Gate
Of the more than 14 million federal income tax returns the IRS received as of Jan. 31, 95 percent were e-filed.
Feb 10 2015
A Special Message—and Poll—for Our Readers at Tax Season
Take a look at all we have going for you this time of year—and help us choose a new image.
Feb 9 2015
As Tax Season Rolls Along, IRS Launches New Return Preparer Online Directory
Need help finding a credentialed tax pro to prepare your Form 1040? Well, the IRS has just the tool for you.
Feb 5 2015
During Tax Season, Post Office Deadlines Can Mean Everything
Revenue recognition can also be a tax issue: in what year did you really receive that money?
Jan 16 2015
The 2015 Tax Season Is Going to Suck, According to the Taxpayer Advocate
Essentially, taxpayers can expect the worst level of service in more than a decade. Here are the reasons why.
Jan 15 2015
Don't Try This at Home: Sex Addiction Is no Excuse for Tax Fraud
This CPA was very, very naughty. But you have to give him credit for an imaginative defense.
Dec 16 2014
Premium content is currently locked