The Latest Breaking News from IRS

Coca-Cola to pay billion in back taxes to IRS while appealing a 17-year-old tax court case.

Coca-Cola maintains that the IRS and the Tax Court misinterpreted the regulations and believes it will succeed on appeal.

A rather well-off man sparked an online debate when he wondered if he was wrong for demanding that his sister return a $3K loan after she received a $30K inheritance. The post Woman Gets $30K Inheritance, Doesn’t Get Why Brother Keeps Asking Her For The $3K She Owes Him first…

Two of the biggest political names in the U.S. graced the Bitcoin 2024 conference in Nashville and delivered speeches that have now become a point of comparison among crypto users – who did it better?

Bitcoin 2024 in Nashville has ended, but talks around the massive announcements during the conferences continue, especially with promises made by two presidential candidates, as well as a potential bill to make $BTC a U.S. strategic reserve asset.

From Thursday's press release by the Justice Department (see also the Indictment itself): JOHN CHEN and LIN FENG pled guilty to acting as unregistered agents of the government of the People's Republic of China ("PRC") and bribing an Internal Revenue Service ("IRS") agent in connection with a plot to target…

Deciding who you want to inherit your wealth, as well as when and how, is a crucial first step in estate planning. Here are the four beneficiaries to keep in mind.

The agency has resolved a major point of uncertainty for inherited IRA beneficiaries.

Explore tax rules and contribution limits of political donations in light of the 2024 presidential race.