IRS

nurse-practitioner-ppe-coronavirus.jpg
IRS
By Laura Davison and Mark Niquette
June 25, 2020 12:40 PM

The federal government’s quick action to issue stimulus payments led to more than a billion dollars of fraudulent payments, according to the GAO.

5 Min Read
1040 forms
By Laura Davison and Allyson Versprille
June 25, 2020 10:41 AM

Taxpayers who are owed a refund may also get a second check this year if they took advantage of the July 15 extended filing deadline, according to the Internal Revenue Service.

1 Min Read
Sign in front of IRS building in Washington, D.C.
Jeff Stimpson
June 23, 2020 5:07 PM

The IRS offers guidance in Notice 2020-51 on the rollover period, which has been extended to Aug. 31.

1 Min Read
IRS-Building-light
IRS
Michael Cohn
June 19, 2020 11:51 AM

The Internal Revenue Service provided guidance on expanded eligibility and more.

3 Min Read
irs-nyu-tax-controversy-forum-webinar-panel.jpg
IRS
Michael Cohn
June 19, 2020 3:38 AM

Top division officials at the agency share updates on their compliance and service priorities.

12 Min Read
nursing-home.jpg
IRS
Michael Cohn
June 16, 2020 4:11 PM

The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.

5 Min Read
irs-podium.jpg
Michael Cohn
June 15, 2020 5:32 PM

The IRS and the Treasury gave tax relief to businesses and investors who were engaged in New Markets Tax Credit transactions but couldn’t get them done in time due to the COVID-19 pandemic.

2 Min Read
IRS headquarters
IRS
Michael Cohn
June 12, 2020 5:28 PM

The Internal Revenue Service is extending the due dates on its balance due notices because it wasn’t able to mail out the preprinted letters to taxpayers due to office closures during the ongoing COVID-19 pandemic.

3 Min Read
IRS commissioner nominee Charles Rettig
Michael Cohn
June 12, 2020 5:05 PM

The Internal Revenue Service is warning taxpayers and tax professionals once again to beware of tax fraud and other related financial scams related to the COVID-19 pandemic.

3 Min Read
Boarded up residential buildings in the Port Morris neighborhood of the Bronx
IRS
Michael Cohn
June 12, 2020 3:55 PM

The Internal Revenue Service is giving investors in opportunity zone funds relief from some of the requirements in the controversial program because of the COVID-19 pandemic.

5 Min Read