May 22, 2013
Apple CEO defends tech giant’s tax practices
Sen. John McCain, R-Ariz, charged at the hearing that Apple's tax practices violated the spirit of the law and, in a statement Monday, called them "highly questionable."
May 22, 2013
Tea Party conservative groups protest IRS
BOSTON – Nearly two dozen Tea Party activists rallied outside the John F. Kennedy Federal Building in downtown Boston on Tuesday as part of a nationwide protest against the Internal Revenue Service over the targeting of conservative groups. “The IRS is only one part of it. The present administration we have is reeking with corruption,”...…
May 22, 2013
Uncredentialed Ohio tax preparer guilty on 10 counts
A Columbus, Ohio, man was found guilty yesterday of 10 counts of preparing false tax returns.
May 22, 2013
State gets court hearing on challenge to health care law
U.S. District Judge Ronald White has set a June 20, 2013, hearing in Oklahoma's challenge to IRS rules to implement so-called "Obamacare" in the state.
May 18, 2013
Are Problems with Whistleblower Program the Next IRS Controversy?
Even after the dismissal of the acting IRS Commissioner and a top deputy who oversaw the tax-exempt division, the problems at the Internal Revenue Service seem to keep growing.
May 17, 2013
400 IRS offices to close on Friday, May 24 due to budget and sequester
All IRS offices, including all toll-free hotlines, the Taxpayer Advocate Service and the agency’s nearly 400 taxpayer assistance centers nationwide, will be closed on those days. IRS employees will be furloughed without pay.
May 15, 2013
IRS Chief Fired Over Targeting of Conservative Nonprofits
President Obama announced during a press conference at about 5:30 on Thursday evening that the Treasury Secretary had asked for, and received, the resignation of the acting Commissioner of the Internal Revenue Service.
May 10, 2013
IRS Admits Targeting Conservative Groups Before 2012 Election
In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.
May 10, 2013
Lawmakers consider boosting IRS whistleblower program
Critics contend that delays and inadequate rules have hindered what could be a powerful way to fight tax fraud
May 5, 2013
Inflation adjustment raises IRS-allowed Health Savings Plan account limits
The IRS has released the 2014 inflation-adjusted amounts for health savings accounts (HSAs) in Rev. Proc. 2013-25.
May 3, 2013
IRS missing more offshore taxes than it’s collecting
In a recently released report to Congress, the U.S. Government Accountability Office (GAO) says that while the IRS has collected billions of dollars from offshore tax evasion, it may be missing even more.