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Tax Expert Warns of Drawbacks to Digital Nomad Visas
Taxation
There are many tax considerations Americans working remotely offshore with no fixed business address—so-called “digital…
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IRS Turns to AI to Collect Underreported Taxes and Narrow Tax Gap
Taxation
The IRS is using artificial intelligence (AI) to help select tax returns to audit as it tries to narrow the tax gap,…
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House GOP Sets up Tax Teams to Study Expiring Provisions of 2017 Tax Law
Taxation
The top Republican on the U.S. House of Representatives’ tax-writing committee has introduced 10 tax teams charged with…
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Five Nations' Tax Authorities Warn Financial Institutions of Crypto Asset Risk Indicators
Taxation
The Joint Chiefs of Global Tax Enforcement (J5) have warned financial institutions about risk indicators tied to crypto…
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IRS to Make Its Free Direct File Program a Permanent Option Nationwide
Taxation
The IRS announced that it will make its free Direct File program “a permanent option for filing federal tax returns…
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Treasury and IRS Issue Proposed Guidance on Clean Energy Tax Credits
Taxation
The U.S. Treasury Department and the IRS released proposed guidance for owners of qualified clean electricity facilities…
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IRS Whistleblower Claims Agency Lags in Investigating Puerto Rico Tax Break Abuse
Taxation
An IRS insider has blown the metaphorical whistle on the tax agency’s failure to investigate individuals who may be taking…
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IRS Extends Free File Program for Five Years
Taxation
The IRS announced that it will continue its Free File program through October 2029, Accounting Today and CPA Practice…
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IRS Drafting New Regulations on Digital Asset Reporting Requirements
Taxation
The IRS is in the process of drafting proposed regulations on digital asset reporting requirements, but the details are yet…
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