Limited-Time Offer Encourages Taxpayers Nationwide to Address IRS Tax Issues Before Deadline LOS ANGELES, CA, UNITED ...

The new tools create a digital foundation for future enhancements aimed at tax professionals.

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

The Internal Revenue Service is offering new business tax accounts that companies can use to view and track their taxes, while making improvements to its online tax professional accounts, as it ramps ...

The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax. In Notice 2024-33, the IRS said ...

Many entrepreneurs with a Limited Liability Company (LLC) or C Corporation find S Corporation tax treatment an attractive option. An S Corporation is not a business entity in and of itself, but rather ...

Getting the choice of entity right at the start is crucial, since switching later can have tax and other consequences. Getting the choice of entity right at the start is crucial, since switching later ...

Speaking at an IRS Nationwide Forum in Fort Washington, Md., the deputy director of the IRS Office of Professional Responsibility warned practitioners that they should exercise due diligence when ...