Worried about the upcoming tax season? So are IRS Commissioner John Koskinen and National Taxpayer Advocate Nina Olson. I sat down with both of them to talk about challenges for the upcoming season, including coping with budget cuts, increased compliance concerns due to ACA, FATCA and the extenders and a delay to the tax season.
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Tonight, President Obama laid out his plan for immigration reform. It includes the requirement to “pay your fair share of taxes” – but what does that mean?
If your phone is still ringing with tax scams and IRS impersonations, you’re not alone. J. Russell George, the Inspector General, has referred to these ongoing schemes as “the largest scam of its kind that we have ever seen.” As IRS and TIGTA try to combat the growing problem of identity theft and tax scams, the fraudsters are hoping to stay a few steps ahead. They’re switching up their schemes in an effort to not get caught. Have you read about their latest efforts?
Earlier this year, the AICPA filed suit against the IRS to stop the new Annual Filing Season Program. The court has ruled and IRS gets the win (on procedure).
Today, a federal court judge dismissed two high profile lawsuits against the Internal Revenue Service over its handling of tax exempt organization applications. What do those rulings mean for other tax exempt organizations? The answer might surprise you.
Last week, my brother returned home to his family after his most recent deployment. He is active duty in the U.S. Navy and I know that we are lucky that, for the last twenty years or so, he has come back every time he has shipped out. The family of 19 year old U.S. Army soldier Adrian M. Perkins was not so lucky. He died last week in Jordan. The week before that, 49 year old U.S. Army Commander Sergeant Major Martin R. Barreras was killed in the Herat Province (bordering Iran and Turkmenistan). Just two days earlier, 33 year …
It’s the Thursday after Tax Day… do you know where your tax dollars are?
Rest easy, folks: your tax refunds are safe. Despite dire warnings that tax refund delays could happen if Congress didn’t address the debt ceiling crisis (the same worries we had last year), we don’t have anything to worry about for 2014. Well, at least not as it relates to refunds and the debt ceiling. In a show of bipartisan cooperation (no, you didn’t read that wrong), a number of Republican Senators, including Senate Minority Leader Mitch McConnell (R-KY) crossed the aisle to overcome a filibuster attempt by – who else? – Sen. Ted Cruz (R-TX). Sen. Cruz had hoped to …
The FBI is not expected to announce criminal charges in its investigation over the IRS tax exempt organization scandal, leaving Chair of the House Oversight and Government Reform Committee, Rep. Darrell Issa, fuming over what he calls a “questionable” investigation.