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 11% of taxpayers actually knew what those rights were. Those statistics, according to National Taxpayer Advocate Nina E. Olson, are demonstrative of why she has worked for the better part…
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 IRS can hold onto income tax refunds for up to six months while it investigates return delinquencies from other tax years. If it turns out that a taxpayer owes money,…
The tax gap in the United States is estimated to be about $385 billion. The tax gap is the difference between what the Internal Revenue Service (IRS) expects to collect in taxes and what they actually collect. That sounds like a lot of money. And I agree that it is. But considering that the IRS…
Today, the House voted to hold Lois Lerner, the former Director of Exempt Organization for IRS, in Contempt of Congress. So what’s next?
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.
A Washington Post story focusing on the seizure of tax refunds by the government to repay debt that was, in some instances, decades old has attracted attention. Of interest is the authority to seize tax refunds to pay back certain obligations.
Ready to file your taxes but don’t have the funds to pay the tax bill? Don’t panic. There are a number of payment options available.
With security and privacy concerns mounting about the Heartbleed bug, the Canada Revenue Agency (CRA) has temporarily shut down its online filing options. What does IRS say about it?
It was a flurry of activity on the Hill this week as one committee voted to pursue charges against disgraced former IRS official Lois Lerner as another committee asked Attorney General Eric Holder to consider criminal charges. Where do things stand now?
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.