Wealthy nonfilers accounted for up to $65.7 billion in unpaid taxes between 2017 and 2020, and the IRS has been doing almost nothing about it, according to IRS data obtained by the Senate’s top tax
Note from the Editor: NSTP recently provided a webinar on the Corporate Transparency Act (CTA) and the required beneficial ownership information reporting.
Expanded chatbot technology is now available to help quickly answer basic questions for people receiving notices about possibly underreporting their taxes.
The IRS has updated its regulations concerning the user fees for the application and renewal of preparer tax identification numbers, reducing the fee amount in response to excessive fee litigation.
This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average segment rates under § 430(h)(2) of the