IRS Watch
GAO Reviews IRS Budget Challenges
The Internal Revenue Service’s fiscal year 2015 appropriation of $10.9 billion and staffing levels of 81,279 full-time equivalent employees continue a decline that has occurred over several years and are now below fiscal year 2009 levels, according to a new government report. Read more »
-
Tax Warning for Truckers: Highway Use Tax Returns Due Soon
August 13, 2016Truckers and other owners of heavy highway vehicles must, in most cases, file their next federal... Read more »
-
IRS Not Screening All Contractors for Unpaid Taxes
August 12, 2016The Internal Revenue Service is unable to prevent contractors with unpaid taxes from receiving... Read more »
-
Family Limited Partnership Loophole Is Closing
August 11, 2016For several decades, estate planners have been using entities such as family limited partnerships... Read more »
-
IRS Taxpayer Advocate Service Employee Sentenced in Identity Theft Scheme
August 11, 2016A former Internal Revenue Service employee was sentenced Wednesday to nine years and two months... Read more »
-
IRS Warns Tax Pros about New Phishing Scheme
August 11, 2016The Internal Revenue Service is sounding the alarm about a new scheme in which scammers send... Read more »
-
IRS Ends Eight-Year Audit of Florida's Villages Without Penalty
August 11, 2016The Internal Revenue Service has closed an eight-year exam of about $300 million of tax-exempt... Read more »
-
IRS Advises Tax Pros to Monitor Their PTINs
August 10, 2016The Internal Revenue Service is recommending tax professionals monitor their Preparer Tax... Read more »
-
Whistleblowers to Get Full Share of Collected Proceeds, Including Fines and Forfeitures
August 9, 2016The Tax Court held a husband and wife who supplied information to the Internal Revenue Service... Read more »
-
IRS Relaxes Rules for Charitable Remainder Annuity Trusts
August 9, 2016The Internal Revenue Service has issued a revenue procedure saying a charitable remainder annuity... Read more »
-
Back-to-School Tax Tips
August 8, 2016With the start of school just around the corner, taxpayers should be aware of the following tax... Read more »
-
IRS Tax Inversion Rule Change Draws Chamber of Commerce Suit
August 5, 2016The U.S. Chamber of Commerce challenged an Internal Revenue Service rule change it claims... Read more »
-
Proposed Inversion Rules Cast Wide Net
August 4, 2016There once was a time, after the Tax Reform Act of 1986, when the U.S. corporate tax rate was at... Read more »
-
IRS Rolling Out Mandatory ITIN Renewals
August 4, 2016The Internal Revenue Service is making some important changes in the Individual Taxpayer... Read more »
-
IRS Tax Levies Caused Hardship for Social Security Recipients
August 3, 2016Internal Revenue Service employees pushed too hard to impose levies on elderly people’s... Read more »
