On June 21, 2024, the Internal Revenue Service (IRS) released an early draft of revised Form 6765, Credit for Increasing Research Activities. Following the release of the September 2023 draft Form ...

The Internal Revenue Service last week released an early release draft of its revised Schedule H form, which incorporates additional reporting requirements as outlined by the Patient Protection and ...

The IRS has published a draft of the 2026 Form W-2, which incorporates above-the-line tax deductions for “qualified tips” and “qualified overtime compensation,” as recently established by the One Big ...

The Internal Revenue Service has released a draft version of a revised Form 990 informational tax return for nonprofit organizations and has asked charities to comment on its ideas. The draft form ...

The Internal Revenue Service has released draft versions of revised forms important to charities and has asked nonprofit organizations to comment on its ideas. The draft of a revised Form 990-EZ, ...

Draft instructions for Form 6765, "Credit for Increasing Research Activities," a.k.a. the research credit, are available for comment. The Internal Revenue Service is seeking feedback on the draft ...

The Internal Revenue Service (IRS) has commenced the 2025 tax filing season, setting the stage for the submission of more ...

The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting. The Chamber of ...

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...

Since the enactment of H.R. 1, the One Big Beautiful Bill Act, the Internal Revenue Service has announced that it will not be updating 2025 tax forms such as the W-2 and 1099s to reflect OBBBA changes ...

The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...