November 19, 2013
The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) and Department of the Treasury on Nov. 18 urging that the IRS, as soon as possible, announce the contingency plan that would be in effect in the event of a government shutdown on Jan. 16.
November 19, 2013
The Internal Revenue Service (IRS) needs to improve its use of return on investment (ROI) data in managing tax enforcement resources, according to a report publicly released today by the Treasury Inspector General for Tax Administration.
November 18, 2013
One of Oklahoma's Representatives in the U.S. Congress, Jim Bridenstine, has filed legislation that could lead to repeal of the 16th Amendment to the U.S. Constitution -- the amendment enabling the current federal income tax.
November 14, 2013
IRS targets US taxpayers with offshore bank accounts in the Caribbean
November 11, 2013
A sophisticated phone scam is sweeping the country, using fear of the Internal Revenue Service to target recent immigrants and others, IRS officials warn.
October 30, 2013
The IRS designed its Correspondence Imaging System (CIS) to automate the scanning of taxpayer correspondence. The Image Control Team units in IRS submission processing sites scanned more than 8.1 million pieces of paper correspondence into the CIS during Fiscal Year 2012.
October 30, 2013
Thomson Reuters Checkpoint has released an updated special report, Tax Changes in Health Care Reform Legislation, which is designed to help tax practitioners understand the tax provisions of health care reform that take effect now through 2018.
October 25, 2013
The impact of the recent federal government shutdown is being felt by the Internal Revenue Service (IRS) which announced that the beginning of the 2014 tax filing season will be delayed by up to two weeks.
October 25, 2013
The Internal Revenue Service needs to improve its process for conducting parallel investigations, according to an audit conducted by the Treasury Inspector General for Tax Administration.
October 22, 2013
Last year, it was the fiscal cliff that delayed the start of tax season- this coming year, blame it on the partial government shutdown.
October 22, 2013
The Internal Revenue Service has made no significant improvement in reducing improper Earned Income Tax Credit payments, according to the latest report released by the Treasury Inspector General for Tax Administration.
October 15, 2013
Thomson Reuters released a report on the IRS’s guidance on same-sex marriage following the Supreme Court’s ruling that struck down section three of the Defense of Marriage Act as unconstitutional.