-
Depend on nothing; love, law and the slammer; financial whizzes; and other highlights of recent tax cases.
October 5 -
The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.
October 5 -
The worst five states for tax preparer scams averaged more than 32 million reported scams in 2023.
October 4 -
GOP members of Congress are demanding answers from the service about the backlog in processing claims for the credit, only weeks after the IRS imposed a moratorium.
October 3 -
No Relief; fakin' it; consider it reconciled; and other highlights of recent tax cases.
September 28 -
Close to a thousand taxpayers who earn over $1 million a year failed to file tax returns over multiple recent years, potentially owing $34 billion in taxes, according to IRS data.
September 28 -
Charity for none; Dr. Backdate; frivolous correspondence; and other highlights of recent tax cases.
September 21 -
The service is encouraging employers to work with qualified tax professionals rather than shady promoters.
September 21 -
Fraudsters are ever-inventive, and accountants and tax pros need to make sure their clients keep vigilant.
September 20 -
The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
September 18