IRS Criminal Investigation needs to do more against ID theft
A new study from TIGTA finds the number of identity theft cases investigated has dropped drastically.
View ArticleIRS may be overlooking billions of dollars worth of false claims for...
The Internal Revenue Service isn’t doing enough to address billions of dollars worth of potentially erroneous carryforward tax credits and deductions claimed by businesses, according to a new report.
View ArticleIRS lacks strategy for dealing with tax compliance after M&A deals
The Internal Revenue Service needs to have a better strategy for determining the tax compliance or noncompliance of corporations that do mergers and acquisitions, according to a new report.
View ArticleIRS is ignoring potential corporate tax cheats, watchdog says
The Internal Revenue Service isn’t doing enough to audit corporate mergers and acquisitions and is wasting tens of thousands of days on cases that aren’t likely to generate more tax dollars.
View ArticleIRS overlooked billions in unpaid employment taxes
Resource limitations and a drop in staff at the service allowed businesses to get away with billions of dollars in unpaid taxes.
View ArticleIRS faced challenges in developing TCJA international tax guidance
The Internal Revenue Service had a difficult time coming out with guidance, forms and instructions for provisions of the Tax Cuts and Jobs Act like GILTI.
View ArticleManaging moonlighting an issue for the IRS
A new TIGTA report finds that the agency doesn’t always know what second jobs staff hold.
View ArticleConsumers got millions in questionable electric-car tax credits
A TIGTA report found the IRS has trouble telling good claims from bad.
View ArticleTreasury’s handling of Trump’s taxes probed by inspector general
Treasury’s inspector general is investigating how the department handled a request from Congress to turn over President Donald Trump’s tax returns, which was rejected by Treasury Secretary Steven Mnuchin.
View ArticleIRS lagging on implementing its plan to speed corporate audits
The Internal Revenue Service isn’t effectively auditing corporations despite a change in how the agency conducts tax examinations that was supposed to make the process more efficient, according to the...
View ArticleIRS plans tougher background checks on practitioners
The service intends to make the criminal background checks and tax compliance checks it performs more consistent, with more up-to-date fingerprint information from the FBI.
View ArticleIRS’s failure to collect from tax cheats could cost you $3,000 a year
The average U.S. household is paying an annual surtax of more than $3,000 to subsidize taxpayers who aren’t paying all they owe, a new report from the Taxpayer Advocate Service found.
View ArticleMany 501(c)4 tax-exempt groups aren’t notifying the IRS
Many dark money groups that raise funds for political and social causes and don’t pay taxes aren’t notifying the Internal Revenue Service of their intent to operate as tax-exempt organizations under...
View ArticleIRS kicks off official start of tax season
The Internal Revenue Service began accepting tax returns on Monday for tax season, while the Treasury Inspector General for Tax Administration highlighted the results of last year’s tax season.
View ArticleSenate Republicans prod IRS to crack down on electric vehicle tax credits
A group of Republican lawmakers has sent a letter to Internal Revenue Service commissioner Chuck Rettig warning about misuse of the electric vehicle tax credit.
View ArticleInspector general faults IRS Free File program
The complexity and insufficient oversight of the IRS’s Free File program, which is supposed to provide free tax software to most taxpayers, results in low taxpayer participation in the program,...
View ArticleIRS lets taxpayers use cash, but few people do
The Internal Revenue Service introduced a new payment option in 2016 that lets individuals pay their taxes with cash at participating retail chains, but less than 700 payments have been made each year...
View ArticleTIGTA wants taxpayers to report coronavirus relief scams
In addition to resources and information on various pandemic-related frauds, taxpayers can email the services tips directly.
View ArticleIRS criminal investigators’ undercover travel expenses probed
The Internal Revenue Service’s Criminal Investigation unit spent more than $1.3 million in fiscal year 2018 on undercover confidential operations, including travel costs, according to a new report.
View ArticleIRS isn’t working on cases involving high-income nonfilers who owe billions
The service hasn’t been doing enough to collect the taxes owed by hundreds of thousands of people who owe billions of dollars, according to a new report.
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