With just a few days to go in 2015, Congress finally reached an agreement on tax extenders for 2015. Nope, that’s not a typo. Congress
Read MoreCategory: IRS news/announcements
With Gas Prices Falling, IRS Announces Lower 2016 Standard Mileage Rates
The Internal Revenue Service (IRS) has issued the 2016 optional standard mileage rates and beginning on January 1, 2016, the standard mileage rates for the use
Read MoreLawsuit Alleges IRS Denied Deduction For Fertility Treatments Because Being Gay Is A ‘Choice’
Being gay is a choice. Joseph F. Morrissey claims that is the reason that Gary Shepard, an Internal Revenue Service (IRS) examiner, offered for denying
Read MoreCongress Orders IRS To Use Private Debt Collection Companies
On December 4, 2015, President Obama signed into law the Fixing America’s Surface Transportation Act, or “FAST Act.” It provides long-term funding for transportation projects,
Read MoreIRS, Tax Partners Announce Taxpayer Tips, New Measures In The Fight Against Identity Theft
The Internal Revenue Service (IRS), states, and tax industry are taking new steps in their efforts to protect taxpayers from tax-related identity theft. Known as
Read MoreReport Accuses IRS Of Encouraging Illegal Immigrants To File Using False Info, Identity Fraud
Last week, a television news station in Indiana ran an exposé allegedly revealing a new kind of identity fraud aimed at taxpayers. The report alleged
Read MoreFormer IRS Commissioners Differ On Politics, United Against Agency Cuts
Seven former Internal Revenue Service (IRS) commissioners have signed onto a joint letter to Congress speaking out against further reductions in the IRS’ fiscal year
Read MoreIRS Announces Lower Fees For 2016 As PTIN Registration Opens
It just got a little (stress on little) bit cheaper for tax professionals to practice in 2016. As of November 1, 2015, the annual fee
Read MoreDespite Complaints, Past Failures & Opportunities For Fraud, Congress Pushes Private Tax Collection
Those who fail to learn from history are doomed to repeat it. – Winston Churchill Sometimes it feels like the government does this best. Failed
Read MoreCourt Switches Gears, Says AICPA Can Sue IRS Over Tax Preparer Credentials
An Appellate Court has overturned a ruling made last year that stopped the American Institute of Certified Public Accountants (AICPA) from challenging the Internal Revenue Service’s
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