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IRS Consolidates EITC in Single Office, Reminds Taxpayers to Check Eligibility: The Internal Revenue Service said that it consolidated its earned income tax credit management activities within a single EITC office as part of efforts to improve the accuracy of tax returns and to improve the agency’s internal processing procedures.
February 8 -
by George G. Jones and Mark A. Luscombe
February 8 -
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TREASURY, IRS MOVE TO CURB OPINION LETTERS, IMPROVE DISCLOSURE: The Treasury Department and the Internal Revenue Service announced measures that are expected to have a chilling effect on the use of opinion letters that are drafted by accountants and attorneys, amid other measures aimed at increasing the transparency and disclosure of information to the IRS.
January 22 -
by George G. Jones and Mark A. Luscombe
January 22 -
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GRASSLEY, BAUCUS INTRODUCE FUEL FRAUD PREVENTION ACT: Sen. Chuck Grassley, R-Iowa, chairman of the Committee on Finance, and ranking member Sen. Max Baucus, D-Mont., have introduced the Fuel Fraud Prevention Act.
January 12 -
St. Louis -- Citing better cost controls in its tax business, tax-prep giant H&R Block Inc. posted second-quarter profits of $10.4 million for the period ended Oct. 31, 2003, compared with a loss of $37.3 million for the same period a year earlier.
January 12 -
by George G. Jones and Mark A. Luscombe
January 12 -