Coverage of the IRS, Treasury, and other federal agencies — policy shifts, leadership changes, and how they affect taxpayers.
Internal Revenue Service Commissioner John Koskinen was prepared for the worst and that was pretty much what he got from the House. With just weeks remaining before the new tax season opens, the House walloped the embattled agency with $350 million in budget cuts. That’s in addition to earlier slashes to the IRS budget of…
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…
It’s the Thursday after Tax Day… do you know where your tax dollars are?
With the clock ticking down to Tax Day, it’s the IRS that’s getting the most scrutiny. The House Ways and Means Committee has announced that it will consider a resolution to charge ex-Director of Exempt Organizations Lois Lerner with contempt.