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Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.
May 15 -
The Finance Committee found that the TCJA enabled some of the biggest to lower their tax bills by shifting profits abroad.
May 12 -
Texas billionaire Harlan Crow declined to detail the extent and tax treatment of luxury gifts he provided to Clarence Thomas.
May 10 -
The Swiss bank continues to help rich Americans hide assets from the IRS nearly a decade after a unit pleaded guilty to tax-evasion conspiracy, the Senate Finance Committee said.
March 29 -
The committee approved the nomination of Daniel Werfel as the next head of the service by a 17-9 vote.
March 2 -
Sen. Elizabeth Warren and Ron Wyden want the Public Company Accounting Oversight Board to do more to regulate audits of cryptocurrency companies in the wake of recent high-profile bankruptcies.
January 27 -
Senate Democrats plan their own political counter-programming to House Republicans' threats of wide-ranging probes, taking on issues like corporate tax avoidance and union-busting.
January 25 -
The desire to use free cash to buy back shares appears to be stronger than any deterrent created by the tax.
October 3 -
Rich Americans are hiding "vast amounts of income" from the Internal Revenue Service by exploiting a "deeply troubling" loophole in FATCA, according to a Senate report.
August 24 -
Private placement life insurance, or PPLI, is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.
August 15