IRS

The Internal Revenue Service is being urged to pilot test virtual visits with paid tax preparers through videoconferencing technology as a way to reduce the number of errors in claims for refundable tax credits in a new government report.

Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.

The IRS and politics — nothing new; AICPA priorities; new blog on the block; and other highlights from our favorite tax bloggers.

NCCPAP’s June 2022 Tax Update reflects progress on a number of fronts at the Internal Revenue Service.

Houston tax lawyer Carlos Kepke had been tutoring rich Americans like Robert F. Smith for decades on how to move assets offshore when an undercover agent posing as a bar owner turned up in 2018.

Attendees need to register by July 14 to have access to all the sessions.

The service’s recent policies expedited the hiring of new employees, but prolonged delays in eligibility verification could increase the risk of exposure of taxpayer data, according to a new report.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

A Treasury inspector general will review why two former FBI officials who ran afoul of former President Donald Trump were subjected to rare and detailed tax audits.

The two were subject to a rarely used program of intense scrutiny that is supposed to be randomly selected.

Good points to the IRS; avoiding partnership; sharpen your marketing; and other highlights from our favorite tax bloggers.

The Criminal Investigation division worked with tax authorities abroad on an operation that led to the shutdown of Euro Pacific International Bank by officials in Puerto Rico.

The Treasury and the IRS are likely to push off a January date for firms to begin tracking data such as customers’ capital gains and losses.

The committee's annual report praised the service's improvements on the e-file process, but said it will need more support from Congress to truly achieve excellence.

The Internal Revenue Service is planning to mandate a new electronic fingerprinting process for e-file applications for tax pros starting Sept. 25.

Holes in a proposed gun tax; IRS budget-to-be; offshore account troubles; and other highlights from our favorite tax bloggers.

Lower courts have disagreed whether non-willful failure-to-disclose penalties are on per-account or a per-form basis.

The information covers forms for reported excise taxes on certain polluting chemicals and substances.

The service first offered the ability to file amended returns in 2020.