IRS Watch
Check back here frequently for the latest news on tax developments and new rules and regulations from the Internal Revenue Service. The IRS is always producing regulations and guidance for tax preparers and practitioners to follow, while increasingly coordinating on an international basis with tax authorities abroad on both individual and business tax compliance.
PIN Pilot Offers Taxpayers ID Theft Protection
An ongoing pilot program from the IRS is offering an Identify Protection Personal ID Number to taxpayers who filed federal returns last year in certain states. Read more »
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IRS Voluntary Disclosure Regime Expands Maximum Penalty Bracket
January 30, 2015The IRS recently announced an expansion of the list of banks and advisors that trigger the... Read more »
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Free File Program Expected to Grow Despite ACA
January 30, 2015The Internal Revenue Service’s Free File program, which the IRS operates in conjunction with... Read more »
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IRS Promotes EITC Awareness Day
January 30, 2015The Internal Revenue Service is partnering with community-based organizations across the country... Read more »
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IRS Lists Fraudulent Tax Preparers among 'Dirty Dozen' Scams
January 29, 2015The Internal Revenue Service is warning taxpayers to be on the lookout for unscrupulous tax... Read more »
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Obamacare Penalty to Be Owed by as Many as 6 Million Taxpayers
January 29, 2015As many as 6 million U.S. taxpayers will have to pay a penalty of as much as 1 percent of income... Read more »
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In the Blogs: If You’ve Told Them Once …
January 28, 2015Highlights of some of our favorite tax-related blogs from the past week. Read more »
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New IRSAC, IRPAC Members Named
January 28, 2015The IRS has announced the new members of its Advisory Council and its Information Reporting... Read more »
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Federal Officials: ACA Won’t Be a Tax Prep Burden for Most
January 28, 2015The Affordable Care Act will have almost no effect on most taxpayers’ tax preparation and... Read more »
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Buffett’s NetJets Beats IRS on $366mn Claim
January 28, 2015NetJets Inc., the private-plane company owned by Warren Buffett’s Berkshire Hathaway Inc.,... Read more »
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IRS Offers Penalty Relief for Overpayment of Obamacare Tax Credits
January 27, 2015The Internal Revenue Service has issued a notice that provides some relief this tax season from... Read more »
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Some EAs Face Enrollment Deadline
January 26, 2015Enrolled Agents with certain Social Security numbers need to renew their CE enrollment status... Read more »
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AICPA Asks Congress to Provide Relief to Taxpayers Who Miss Deadlines
January 26, 2015The American Institute of CPAs has written to some of the top tax lawmakers in Congress asking... Read more »
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In the Blogs: Fail, Caesar
January 24, 2015Highlights of some of our favorite tax-related blogs from the past week. Read more »
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IRS and Treasury Plan Rules for Charter School Employee Retirement Plans
January 23, 2015The Internal Revenue Service and the Treasury Department have issued a notice saying they... Read more »
