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IRS extends remote work pilot, in bid to ‘keep up’ with workforce expectations
Federal News Network· 1 day agoThe Internal Revenue Service, having met the Biden administration’s requirement to bring federal...
IRS addressing wide disparity in audit rates between Black taxpayers, other filers
Orange County Register· 1 day agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS says number of audits about to surge. Here's who it is targeting.
CBS News· 1 day agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
IRS Unveils Plan to Crack Down on Wealthy Taxpayers
The Fiscal Times· 12 hours agoThe IRS wants to increase its audit rate for taxpayers earning more than $10 million by about 50%, according to an updated operating plan released...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Associated Press· 1 day agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS Authorized to Recover Foreign Reporting Penalty Without Suit
Bloomberg Law· 8 hours agoThe IRS can assess penalties on taxpayers who willfully fail to file certain disclosures of their interest in foreign corporations without filing a civil suit, the D.C. Circuit ruled Friday.
IRS plans to increase audit rates of wealthy taxpayers by 50%
CBS 58 Milwaukee· 1 day agoThe audit rate of taxpayers earning more than $10 million is expected to increase by 50%, going up...
IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 1 day agoThe cutbacks could come in the form of separation incentives, followed by furloughs and, as a last...
IRS PLR: Extension of Time to Assess Branch Profits Tax Granted (IRC §884)
Bloomberg Law· 6 hours agoThe IRS has published a private letter ruling on Section 884 granting the taxpayer, a foreign corporation organized in Country A and owned by an individual, a Country B citizen ...
IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update
CNBC· 1 day agoInternal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS in...