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U.S. tax gap expected to grow to $688 billion
The Center Square· 1 day agoTaxpayers pay the vast majority of federal taxes on time and without much encouragement from the IRS. U.S. taxpayers paid 85% of taxes voluntarily and on...
Is Private Placement Life Insurance the Next IRS Tax Enforcement Target? | The Legal Intelligencer
Law.com· 3 days agoAlthough this funding did and continues to fill important IRS needs for tax enforcement resources,...
Federal prosecutors accuse IRS employee of stealing Exxon’s taxes
The Washington Times· 2 days agoAn IRS employee used his access to the tax agency’s systems to steal millions of dollars the...
Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 5 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 2 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
WBRZ 2 Baton Rouge· 6 days agoThe IRS said it will make permanent the free electronic tax return filing system that it...
House GOP proposes IRS funding cuts, defunding free tax filing system
The Hill via Yahoo News· 3 days agoRepublican appropriators in the House are proposing to scale back IRS funding and to do away with...
Tax Executives Need to Broaden Focus, Stay Agile, Seek Clarity
Bloomberg Law· 18 hours agoTax executives should be aware of regulatory and economic shifts in international tax, intersections with other tax areas, and how these ...
Democrats fume over proposed IRS cuts
The Hill via Yahoo News· 1 day agoDemocrats are fuming mad over Republican proposals to scale backIRS funding and defund the agency’s new free online tax filing system. House Ways and...
IRS makes free tax return program permanent and is asking all states to join in 2025
Wyoming Tribune-Eagle· 7 days agoThe IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for...