GAO

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

The free tax program will now import a taxpayer's information from the previous year, as a report finds the program could cost the IRS considerably more than the estimated $249 million per year to maintain.

Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.

The Government Accountability Office called for Congress to pass blockchain regulation legislation to shore up the federal regulatory apparatus.

The service's alternative dispute resolution programs can be faster and cheaper than the usual appeals process, but their use fell by two-thirds over the past decade.

A GAO report has several suggestions for decreasing the difference between taxes owned and taxes paid.

The Internal Revenue Service recently suspended a half dozen of its modernization programs, including two deemed essential to its plans for replacing its aging systems.

The Internal Revenue Service could be doing more to detect and deter promoters of abusive tax schemes, according to a new report.

The average effective tax rate of profitable large corporations fell from 16% in 2014 to 9% in 2018 after passage of the Tax Cuts and Jobs Act of 2017.

A combination of direct government funding and tax breaks for nonprofit news organizations could help support public interest journalism.

The agency plans to return to pre-pandemic levels of service next filing season.

The Government Accountability Office wants the agency to use the extra $80 billion it's getting from Congress to improve compliance.

Small business owners have been hampered by complicated tax forms and processes that kept them from claiming pandemic-related tax credits and payroll tax deferrals.

Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers.

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.

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

Over one-fourth of the nearly 1,700 cases were violations that usually led to employees being suspended, fired or resigning.

Congress gave billions of dollars in tax credits to employers, but now the IRS needs to step up its compliance efforts, according to a GAO report.

The Internal Revenue Service has been auditing fewer taxpayers since 2010, according to a new report, but audit rates have been plunging the most for higher-income taxpayers.