On Thursday, the IRS released its Criminal Investigation division’s FY 2025 Annual Report, identifying more than $10.59 ...
The Internal Revenue Service uncovered $10.6 billion in financial crimes — a nearly 16% increase from the year prior — even as it deployed agents to Trump administration law enforcement priorities far ...
Puerto Rico tax incentives that have lured thousands of rich Americans to the U.S. territory for over a decade are under ...
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IRS plans changes to partnership reporting
At issue are partnership interests linked to so-called “hot assets” under section 751 of the Internal Revenue Code. When ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Tax officials predict federal revenue could fall by 10% this season compared to a year ago amid big staffing cuts and changing behavior among tax payers, sources told The Washington Post. The decline ...
U.S. crypto investors now have just over two weeks to execute any final sales before sweeping IRS reporting rules go live on ...
The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan is ...
If you're a new real estate investor, you might ask yourself, "Will the IRS know about my rental income?" The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...
What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...
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