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This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...
Senator Mike Crapo, ChairmanSenate Committee on FinanceUnited States SenateWashington, DC 20510 Senator Ron Wyden, Ranking MemberSenate Committee on FinanceUnited States SenateWashington, DC 20510 Re: ...
The IRS is ramping up crypto tax enforcement, sending warning letters to US investors over suspected discrepancies.
Crypto investors are poised for record returns on Bitcoin and other digital assets—and so, too, is the taxman. The Internal ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on paper checks, ...
Clear Start Tax Helps Americans Navigate IRS Letters With Clarity and Confidence IRVINE, CA / ACCESS Newswire / June 27, 2025 ...
The IRS still struggles to contact taxpayers whose returns have been flagged over identity theft concerns, the National ...
The IRS issued interim final and proposed regulations Friday (T.D. 10031 and REG-107459-24) lowering the user fee for the Service to issue an estate tax closing letter from $67 to $56.An estate tax ...
Receiving an audit letter from the IRS is never ideal, but it doesn't have to become a nightmare, either, especially if you act quickly and strategically. In most cases, the sooner you take action ...
The IRS has deemed some of their roles "essential" for the current tax filing season, per the report, leading to concerns among staff about the terms of their departure.
Some IRS employees who accepted the Office of Personnel Management’s “deferred resignation” offer are now being told they must stay on the job through May 15, because the agency has deemed their work ...
For tax year 2024, the annual exclusion on a gift per person per year is $18,000, an increase of $1,000 over 2023, according to the Internal Revenue Service (IRS).