The Internal Revenue Service is planning to address what it calls “large, complex partnerships” in an attempt to go after business entities that avoid paying taxes by abusing a known tax loophole.This
Read MoreThe Internal Revenue Service recently issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the
Read MoreInternal Revenue Service employees weren't always following the proper rules when it came to directly contacting taxpayers instead of their representatives like CPAs, enrolled agents, and attorneys.Represented
Read MoreThe Internal Revenue Service is stopping most unannounced visits to taxpayers' residences and businesses by its revenue officers after a rising number of threats has put its employees' safety at risk.Appointment
Read MoreThe Internal Revenue Service is seeing a surge of summertime tax scams hitting taxpayers via email and text messages touting tax refunds and quick fixes to their tax problems.Many of the email scams make
Read MoreFirst came the adding machine, then the calculator and the PC. The laptop turned accounting into a portable profession and the internet opened new horizons for research and marketing. All these innovations,
Read MoreIf you receive a cardboard envelope appearing to be from the IRS about an unclaimed tax refund, be cautious. It’s a new scam.There's a new IRS scam to watch out for. Some people are receiving cardboard
Read MoreJudiciary Committee investigates IRS agent threatening taxpayer!An IRS agent used a fake identity to approach and threaten a taxpayer, following which House Judiciary Committee chairman Rep. Jim Jordan
Read MoreEven with tax season over, the Internal Revenue Service is keeping busy — exploring a free filing system, encouraging individuals to take advantage of the Earned Income Tax Credit, issuing $14 billion
Read MoreAccording to a recent report, the Internal Revenue Service (IRS) has flagged over 1 million 2022 tax returns for additional review over potential identity fraud.The Treasury Inspector General for Tax Administration’s interim
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