Stop me if you’ve heard this one before… Except, this time, there’s a twist. Just a few weeks after Internal Revenue Service Commissioner John Koskinen
Read MoreCategory: IRS news/announcements
IRS Announces Shorter, Faster Application For Some Tax-Exempt Organizations
The Internal Revenue Service (IRS) tax-exempt scandal has resulted in a number of casualties but perhaps none more than small tax-exempt organizations who have found
Read MoreIRS Says Bitcoin Not Reportable On FBAR (For Now)
The IRS has finally issued some guidance on Bitcoin and FBAR. The verdict? Not reportable for now…
Read MoreIRS Announces New Tax Preparer Program To Mixed Reactions
There will be a tax preparer certification program after all. That was the word from Internal Revenue Service Commissioner John Koskinen. If you’re scratching your
Read MoreLois Lerner And The Case Of The Missing Emails
(Author’s note: This post was based on information provided to/from Committee as of June 24. I will post updates as separate posts as the hearings
Read MoreIRS Releases Much Anticipated ‘Taxpayer Bill Of Rights’
A 2012 taxpayer survey revealed that only 46% of taxpayers believe that they have any rights before the Internal Revenue Service (IRS). Just a mere
Read MoreAfter TIGTA Report, Expect More Tax Refund Delays
In 2012, the Internal Revenue Service (IRS), collected nearly $242 million as a result of the Delinquent Return Refund Hold Program. Under the program, the
Read MoreIRS Filing Deadline For Tax-Exempt Organizations A Few Days Away
While most taxpayers – including for-profit corporations – have already filed their tax return (or extension) for the year, it’s still filing season for many
Read MoreHouse Finds Lerner, Central Figure In Tax Exempt Scandal, In Contempt Of Congress
Today, the House voted to hold Lois Lerner, the former Director of Exempt Organization for IRS, in Contempt of Congress. So what’s next?
Read MoreTimeline Of IRS Tax Exempt Organization Scandal
As the news circulates that the House voted to hold Lois Lerner in Contempt of Congress, it’s getting increasingly difficult to remember what happened when. Here’s an updated timeline of the IRS tax exempt organization scandal.
Read More