Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...

The court refused to dismiss a taxpayer’s claim under Sec. 7431 against a company that employed an individual who made an unauthorized disclosure of the taxpayer’s tax return and information.

It was $30,000, $30,088.90 to be exact,” she said. Knipp deposited the check in a Truist account. “It’s money that I had ...

Most parents are relying on getting some money back this tax season to help make ends meet. In fact, 38% of moms plan to use their tax credit to chip away at their family’s debt ...

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...

Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or ...

The most recent IRS data shows Americans owed more than $157 billion in back taxes, penalties and interest for tax year 2022.

A Northern Westchester man known as “The Magician” for slashing clients’ tax bills using fraudulent methods will spend years ...

WASHINGTON - The Internal Revenue Service has set a new record for its largest revenue collection ever. Historic tax revenue ...