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Category: IRS news/announcements

Infant Formula Not A Medical Expense

Kelly Phillips ErbOctober 14, 2009May 19, 2020

It’s somehow appropriate that the IRS would release a private letter ruling regarding a double mastectomy in October (in case you’re not aware, it’s Breast

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IRS Calls for Paper Proposals

Kelly Phillips ErbOctober 3, 2009

The Internal Revenue Service invites proposals for original papers for the 2010 IRS Research Conference. Topics can include tax compliance, taxpayer burden, improving tax administration,

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If You Pay Them, They Will Come

Kelly Phillips ErbOctober 2, 2009December 17, 2019

Here’s a crazy thought: if you give people a financial incentive, you can make them do almost anything (trust me, I watch a lot of

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IRS Cuts Ties With ACORN

Kelly Phillips ErbSeptember 24, 2009May 17, 2020

The Internal Revenue Service (IRS) announced on Wednesday that it is cutting ties with ACORN after disastrous video footage was released showing ACORN workers offering

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Offshore Voluntary Compliance Program Deadline Extended

Kelly Phillips ErbSeptember 21, 2009May 17, 2020

The Internal Revenue Service (IRS) has announced an extension of the deadline for its Offshore Voluntary Compliance Program. The deadline, which was initially September 23,

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Looking For Some Extra Cash This Summer?

Kelly Phillips ErbAugust 9, 2009

Are you looking for a little extra cash this summer! The IRS recently issued a reminder about unclaimed refunds… does one belong to you? Earlier

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Don’t Be Fooled: Homebuyer’s Credit Fraud Is Still Fraud

Kelly Phillips ErbAugust 3, 2009May 17, 2020

With a more or less self-governing tax system, there are always going to be opportunities for fraud. New deductions and expenses create an environment that

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Is UBS About To Name Names?

Kelly Phillips ErbJuly 30, 2009May 17, 2020

Rumors have been swirling for months that a settlement between UBS and the Justice Department would be announced in mid-July. Specifically, The New York Times

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But Tax Pros Are Already Certifiable…

Kelly Phillips ErbJune 18, 2009May 17, 2020

It seems that the IRS’ on again off again love affair with the idea of certifying tax preparers is on again. Earlier this month, IRS

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IRS Reverses Course On Cell Phone Tax, Asks Congress For Repeal

Kelly Phillips ErbJune 16, 2009May 17, 2020

Just a few days ago, IRS Commissioner Doug Shulman asked for public feedback on proposals to clarify a 1989 law regarding the taxation of cell

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