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Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah
NBC Philadelphia· 1 day agoA former IRS employee was indicted in Utah federal court for allegedly trying to steal $2.1 million...
House GOP takes up Fox-fueled campaign to cut IRS tax enforcement
Media Matters· 1 day agoFox News made a concerted effort to stir up opposition to increased enforcement funding for the IRS...
IRS dinged by GAO for subpar documentation of AI audit models
FedScoop· 23 hours agoAn IRS pilot program that uses artificial intelligence to select audit cases and identify...
House Republicans are attacking the IRS. Here’s how they want to cut $2 billion in funding.
Market Watch· 3 days agoThe bill “reins in wasteful spending and takes steps to prevent agencies like the IRS from unfairly...
Feds: Round Rock man led plan to get $111 million from IRS with fraudulent tax refunds
Austin American-Statesman via Yahoo News· 23 hours agoA Round Rock man led a scheme that sought more than $111 million from the IRS through the filing of...
IRS Removal of Automatic Accounting Methods Sure to Disappoint
Bloomberg Law· 5 days agoThe IRS’s April revision to its automatic accounting method procedures means taxpayers now must obtain IRS consent in a formal letter ruling to change part ...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 3 days agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
IRS makes free tax return program permanent and is asking all states to join in 2025
KETV 7 Omaha· 6 days agoThe IRS said Thursday it will make permanent the free electronic tax return filing system that it...
Weekly IRS Roundup May 27 – May 31, 2024
The National Law Review· 2 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 27, 2024 – May 31, 2024. May...
IRS Plans More Nonprofit Hospital Audits as Scrutiny Heats Up
Bloomberg Law· 1 day agoThe IRS will audit dozens of tax-exempt hospitals this year, a top agency official said. The exams come amid continued criticism of nonprofit hospitals, which some lawmakers ...