An audit by the Treasury Inspector General for Tax Administration (TIGTA) has found that nearly 10,000 new tax-exempt organizations failed to follow federal law to notify the IRS of their formation.…
In the two previous posts, we took a look at some of the assessments the IRS leadership made about 2019 and how the agency responded. In this edition, we’ll look forward.…
Tax clients who had their student loans forgiven have even more cause for celebration this week.…
The Internal Revenue Service recently unveiled the Gig Economy Tax Center, a new online resource for freelancers.…
The annual report issued by the Internal Revenue Service spotlights the agency’s new “can-do” philosophy while giving us a glimpse into the enormous workload still needed to bring the IRS into the 21st century.…
The Internal Revenue Service this week announced that Congress has received the National Taxpayer Advocate’s 2019 Annual Report to Congress.…
The Internal Revenue Service has released its annual report for 2019, giving Commissioner Chuck Rettig a chance to explain the improvements implemented in the American tax system in the last year.…
The Internal Revenue Service has confirmed that it will begin accepting and processing 2019 returns on January 27, opening the gates for millions of individual tax return filers.…
The Internal Revenue Service has set the optional standard mileage rates for 2020. These rates are used to figure the deductible costs of operating a vehicle for business, charitable, medical or moving purposes.…
IRS Commissioner Chuck Rettig promises that the Internal Revenue Service will continue to go after those involved in “aggressive syndicated easement transactions.”…
