Drake Software blog for tax pros, covering tax, IRS news, and more
The office tasked with overseeing the Internal Revenue Service says the agency hasn’t improved procedures enough when it comes to reviewing amended tax returns.…
Read more about TIGTA Finds IRS Needs More Work on Amended Returns
For some years now we’ve heard about how the Information Technology systems inside the Internal Revenue Service need major upgrades.…
A new audit by the Treasury Inspector General for Tax Administration (TIGTA) finds that those phone statistics may not be giving us the complete picture of the IRS’ performance.…
Read more about Audit says IRS Phone Stats Don’t Tell the Whole Story
As we get into the 2019 income tax filing season, an audit of the previous filing season has good news and bad news for the Internal Revenue Service.…
Read more about TIGTA Finds Successes and Shortfalls in IRS 2018 Filing Season
The Treasury Inspector General for Tax Administration (TIGTA) released a report on October 4 that found the IRS needs to do a better job when investigating section 501(c)(4) organizations suspected of engaging in “impermissible political activity.”…
Read more about TIGTA Audit Finds IRS Needs to Improve 501(c)(4) Examinations
The Inspector General for Tax Administration (TIGTA) has found that the numerous changes put forth in the tax cut legislation pose a risk of delaying the 2019 filing season.…
Read more about Tax Changes Pose Risk of Delayed Tax Season, Study Finds
A report from the Treasury Inspector General for Tax Administration (TIGTA) finds that despite measures by the Internal Revenue Service to flag possibly fraudulent business returns, a significant number of bogus returns are slipping through.…
Read more about Audit Finds Business Identity Theft Controls Still Lacking
The Internal Revenue Service has spent millions of dollars trying to get taxpayers located in foreign countries to report their holdings for tax purposes. A new federal audit, however, finds the IRS has fallen short in the effort.…
Identity theft has gotten a lot of attention over the past couple of years. We’ve written a lot about the subject during that time. One of the varieties of identity theft is employment identity theft, but the agency that oversees the IRS says legitimate taxpayers aren’t being notified they’re a victim of this crime.…
Read more about Audit Finds Employment Identity Theft Going Unnoticed
The Internal Revenue Service says taxpayers who have not renewed their expired Individual Taxpayer Identification Number (ITIN) will face processing delays if the number is used to file a return. In addition, the taxpayer could lose eligibility for key tax benefits until the ITIN is renewed.…
