The Foreign Tax Credit is a long-standing tax benefit that generally allows individuals and businesses to claim a credit for income taxes paid or accrued to foreign governments.
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When shopping online, the IRS and Summit partners remind taxpayers to protect themselves with these tips.
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Gift card scams are on the rise. Here is what to look out for this holiday season.
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Veterans can connect on social media to the IRS in order to stay in the loop regarding tax issues.
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The IRS is raising awareness and sharing practices to help non-profits avoid fraud and stop financial crime.
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The IRS released detailed guidance to help taxpayers better understand the reporting obligations for transactions involving virtual currency.
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If you requested a 6-month filing extension, the due date is Tuesday, October 15th!
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The AICPA has submitted comments requesting relief with respect to late or incomplete elections under section 965(i) and late or incomplete transfer agreements under section 965(i)(2).
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IRS offers webinars to help small businesses and other employers answer their tax related questions.
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