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IRS warns thousands of taxpayers they could face jail time
Newsweek· 1 hour agoThe IRS is warning that thousands of taxpayers may be facing jail time if they're found to have...
Shohei Ohtani gambling scandal: Interpreter Ippei Mizuhara to plead guilty, faces up to 33 years in...
CBS Sports· 2 hours agoMizuhara, described by the Attorney's Office as Ohtani's "de facto manager," will plead guilty to...
IRS Issues Supplementary Letters to Affected Taxpayers Who Requested More Information About Data...
The National Law Review· 1 day agoOn April 12, 2024, as required under I.R.C. § 7431, the Internal Revenue Service notified over...
IRS Puts New Measures In Place For Tax Professionals To Protect Tax Data
Forbes· 17 hours agoWith identity theft and refund fraud an ongoing concern, the IRS is implementing new security...
IRS Offers Update On Contractor Data Leak, Touts New Taxpayer Protections
Forbes· 17 hours agoThe contractor, Charles Edward Littlejohn, pleaded guilty to unauthorized disclosure of tax return...
IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For
Forbes· 17 hours agoIn recent years, the IRS has focused its attention and resources on large partnerships. In 2021, the...
IRS 2024 Dirty Dozen Highlights Major Tax Scams, Including Abusive Tax Schemes
The National Law Review· 5 days agoEach year, the Internal Revenue Service (IRS) releases a Dirty Dozen list highlighting twelve tax...
HILL TAX BRIEF: IRS Warns ‘Funding Cliff’ Could Hit Tech Hard
Bloomberg Law· 11 hours agoThe IRS is warning that funding constraints will hamper its ability to make progress on one of its top priorities: modernizing its aging technology.
IRS Announces Four Alternative Ways to Resolve Cases
WealthManagement.com· 6 days agoThe Internal Revenue Service has announced four alternatives associated with the Appeals Alternative Dispute Resolution Program. Outside stakeholders...
IRS T.D.: PTIN User Fee Reduced
Bloomberg Law· 6 hours agoFinal regulations relating to the imposition of certain user fees on tax return preparers, the IRS released. The final regulations adopt without change the text of interim final (T.D. 9980) ...