The Internal Revenue Service plans to make improvements in the way it assists victims of tax-related identity theft after a new government report says further improvements are needed. J. Russell George
Highlights of some of our favorite tax-related blogs from the past week.
The Internal Revenue Service’s Criminal Investigation unit released its annual report Thursday, as the group contends with a shrinking budget and recent controversy over its use of cell phone tracking technology. Richard Weber
(Bloomberg) Tax cheats can breathe a little easier. The gun-toting Internal Revenue Service investigators who send felons to prison are retiring in droves and there’s no one to replace them.IRS Criminal Investigation agents are the elite special forces in the never-ending war on tax evasion.
Congress has passed highway-funding legislation that includes two tax provisions that would allow the State Department to revoke the passports of long-term tax delinquents who owe more than $50,000 in tax debts and revive a program requiring the IRS to hire private debt collection agencies.
Catherine Murray As 2015 comes to a close, taxpayers are once again facing uncertainty as Congress has yet to act on a host of important provisions that expired at the end of 2014.
The Internal Revenue Service is letting former students of a now-defunct for-profit college chain, Corinthian Colleges, to avoid including their forgiven student loan debts within gross income.
The Internal Revenue Service has extended its hold on certain tax refunds for returns filed by nonresident aliens and other foreign taxpayers on Form 1040NR beyond the usual 180-day limit in order to give extra scrutiny to the refund claims, leaving many undocumented immigrant workers waiting up to 360 days to get the tax refunds […]
The Internal Revenue Service has begun a new program, the Early Interaction Initiative, to more quickly identify employers who are falling behind on their payroll or employment taxes and help them get caught up on their payment and reporting responsibilities. John Koskinen The initiative is designed to help employers stay in compliance and avoid […]
Nonprofits are expressing concern about proposed regulations from the Internal Revenue Service and the Treasury Department that could give charities the option of providing Social Security numbers of donors who contribute more than $250 to their organizations. The proposed regulations would allow, but not require, charitable nonprofits to file a new, separate information return […]