document.createElement(‘aside’); http://www.accountingtoday.com Print Email Reprints   The IRS announced that it will accept applications for its Internal Revenue Service Advisory Council through June 24. IRSAC provides an organized public forum for IRS officials and representatives of the public to discuss relevant federal tax administration issues. IRSAC members submit a report to the IRS commissioner annually at […]

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The Internal Revenue Service’s computer systems miscalculated the allowable Premium Tax Credits for more than 27,000 taxpayers who received subsidies for health insurance under the Affordable Care Act, according to a new report. J. Russell George The report, from the Treasury Inspector General for Tax Administration, evaluated the effectiveness of the IRS’s verification of health […]

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