At issue are partnership interests linked to so-called “hot assets” under section 751 of the Internal Revenue Code. When ...

U.S. crypto investors now have just over two weeks to execute any final sales before sweeping IRS reporting rules go live on ...

IRS deploys Salesforce AI agents across divisions after massive staffing reductions, aiming to help overworked staff process requests faster and more efficiently.

The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships ...

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties and audits.

Final regulations provide comprehensive guidance for tax reporting of transactions involving these increasingly common assets, and the IRS has granted transition relief in key areas.

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

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 ...

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 ...