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U.S. Treasury Report: IRS BSA Program “Has Minimal Impact on Compliance”
The National Law Review· 23 hours agoThe primary conclusions of the detailed Report are that (i) referrals by the IRS to the Financial Crimes Enforcement Network (“FinCEN”) for potential Title 31 penalty cases ...
The IRS is quicker to answer the phone on this Tax Day
Associated Press· 3 days agoOn this Tax Day, the IRS is promoting the customer service improvements the agency rolled out since...
IRS expects ‘a million returns' every hour on Tax Day, commissioner says. What last-minute filers...
CNBC· 2 days agoWhile April 15 is the federal deadline for most taxpayers, filers in Maine and Massachusetts have...
HILL TAX BRIEF: IRS Starts College Athlete Collective Scrutiny
Bloomberg Law· 14 hours agoIRS Commissioner Danny Werfel was in the hot seat at the Senate Finance Committee on Tuesday, fending off GOP questions over how the agency is spending its billions in extra ...
Tax 'magician' bilked IRS out of $100 million, arrested on April 15: Feds
The Journal News· 13 hours agoA Bronx tax preparer from northern Westchester, known as "The Magician," is accused of cheating the ...
CARES Act Payroll Tax Forum: IRS Weighs in on High-Profile Employee Retention Tax Credits
The National Law Review· 3 hours agoAs you prepare to emerge from government shutdown orders, recall that your workforce is your single most valuable asset. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides ...
IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvements
Forbes· 3 days agoTax season wrapped earlier today for most taxpayers. While the data is still coming in, IRS...
IRS Liens Apply to Bankrupt Tax Debtor’s Jointly Owned Residence
Bloomberg Law· 8 hours agoA tax debtor can’t exempt the home he owns jointly with his wife from being leveraged in bankruptcy proceedings to pay the IRS, the Fourth Circuit affirmed Wednesday. Ronald ...
Werfel Defends IRS as GOP Picks at Funding Request, Direct File
Bloomberg Law· 1 day agoIRS Commissioner Danny Werfel Tuesday took fire from Senate Republicans over how the agency is spending billions in supplemental funding, as he defended progress toward modernizing and improving taxpayer service.
The IRS is quicker to answer the phone on this Tax Day
Detroit News· 3 days agoOn this Tax Day, the IRS is promoting the customer service improvements the agency rolled out since...
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