In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on deductions, tax ...

The IRS imposes penalties for payments made without sufficient funds, but understanding the rules and how to potentially ...

Cortez, lawmakers raise concerns about potential Privacy Act violations. Palantir published a rebuttal on its social media ...

In this article, I discuss the Yum! Brand corporation, what happened in 2014, and why they are facing such a steep tax ...

Donald Trump’s DOGE team is on dubious legal footing. Republicans have an efficiency bill to let him tear apart the federal government.

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 ...

But what happens if a letter from the IRS or the state tax commission shows up in the mail? Paul Hood, with Hood CPAs, says receiving a letter doesn’t necessarily mean taxpayers have made a mistake.

On Friday, acting IRS Commissioner Gary Shapley left his position atop the agency after a disagreement between ... member Chuck Grassley (R-Iowa) sent a letter to Bessent praising Shapley ...

Long could undermine enforcement actions related to this fraudulent scheme,” Democratic Senators Ron Wyden and Catherine Cortez Masto wrote in an April 14 letter to acting IRS Commissioner ...

Noem in February sent a request to Bessent to borrow IRS Criminal Investigation workers to help with the immigration crackdown, according to a letter obtained by The Associated Press. It cites the ...