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National Taxpayer Advocate Nina E. Olson's annual report to Congress highlighted the combination of an expanding IRS workload and declining resources as the most serious problem facing taxpayers.
February 1 -
And so firms of all sizes are engaging in some form of social media efforts, which can range anywhere from gaining basic knowledge of all the available tools and sites, to hiring specific personnel or even having everyone in the firm contribute to social media initiatives.
February 1 -
The Internal Revenue Service needed to put the brakes on its tax refunds this tax season when newly installed filters to prevent tax fraud and identity theft held up processing for a week or more.
February 1 -
The Internal Revenue Service and the Justice Department said Tuesday they have conducted a massive nationwide sweep to nab identity theft fraudsters as part of a stepped-up effort against tax refund fraud.
January 31 -
The Senate Finance Committee held a hearing Tuesday to examine the growing number of tax extenders in the Tax Code that need to be renewed every year or two, and how there could be greater predictability with overall tax reform.
January 31 -
President Obama encouraged Congress to act on a package of legislative proposals to expand tax breaks and financing for startups and small businesses.
January 31 -
Rep. Pete Stark, D-Calif., the ranking Democratic member of the House Ways and Means Health Subcommittee, has introduced a new bill aimed at closing what he considers a “tax loophole” exploited by former House Speaker Newt Gingrich.
January 31 -
The Internal Revenue Service has approved the National Society of Accountants as a continuing education provider for tax professionals, as part of its efforts to regulate the tax preparation profession.
January 31 -
The Internal Revenue Service has increased its forecasts for the number of information-reporting forms it expects to receive this year and in subsequent years as a result of increased reporting requirements.
January 30
