In an effort to modernize and streamline its operations, the IRS has unveiled plans to achieve “paperless processing” for tax returns by 2025. In a press release Wednesday, the agency lamented how it ...

That’s the big solution being floated by the National Taxpayer Advocate this week in the wake of an ever-growing backlog of paper tax returns. According to the latest data, the Internal Revenue ...

This tax season is rife with uncertainty, as the world’s richest person looks to shake up the Internal Revenue Service and the commerce secretary calls to eliminate it — but filers still need to carry ...

The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...

Financial advisors, tax professionals and their clients are facing an IRS that is moving in a polar opposite direction from the agency that was bulking up on enforcement only a few months ago. In the ...