IRS Scales Back Bitcoin Probe
The Internal Revenue Service has backed off parts of its investigation into the digital currency exchange Coinbase.…
Taxpayer Advocate Releases Mid-Year Report
The Taxpayer Advocate Nina Olson issued her mid-year report to Congress, noting that the IRS had “a generally successful filing season.” Despite the kudos, she identified several areas that need improvement.…
Phishing Email Targets Tax Pros
America’s tax professionals are being warned about a new phishing campaign aimed at stealing the preparers’ filing data.…
TIGTA Audit Finds IRS Identity Theft Measures Come Up Short
An audit has discovered that the frequency of employment-related identity theft may be far worse than thought. Unfortunately, the audit also found the Internal Revenue Service has missed identifying…
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PTIN Renewal Underway Once Again
A recent federal court ruling that struck down the Internal Revenue Service’s user fee for issuing or renewing Preparer Tax Identification Numbers (PTINs) took away the fee, but left the PTIN itself…
New Phone Scam Aimed at Taxpayers
Scammers have dusted off an old racket and added a couple of new twists in hopes of swindling taxpayers out of their money. The Internal Revenue Service says this scheme has been reported across the country, and asks taxpayers to be alert.…
New Features Added to IRS Online Taxpayer Accounts
The Internal Revenue Service has announced that new bells and whistles have been added to its online accounts for individual taxpayers.…
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Missouri Storm Victims May Qualify for Relief
The Internal Revenue Service has granted tax relief for victims of the recent severe storms in Missouri. The April storms produced straight-line winds, tornadoes and flooding in at least 26 counties.…
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IRS Improves Assistance to Identity Theft Victims
The Internal Revenue Service got some good news from a recent audit, which found the agency has made substantial headway in its assistance to victims of identity theft.…
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PTIN Renewal on Hold After Ruling
The Internal Revenue Service’s Preparer Tax Identification Number (PTIN) renewal system has been taken offline after a ruling by the United States District Court for the District of Columbia.The court…
