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Sports Team Owners Face New Scrutiny From IRS Over Tax Avoidance
ProPublica· 1 hour agoProPublica is a nonprofit newsroom that investigates abuses of power. The IRS has launched a...
IRS Art Donation Audits Are the Start of a Tax Pro’s Paper Chase
Bloomberg Law· 2 hours agoIn its latest message to wealthy taxpayers, the IRS says it plans to target improper art donation tax deductions, focusing on promoters who “encourage taxpayers to buy various ...
IRS Notifies Thousands of Taxpayers That They Were Victims of a Data Breach
The National Law Review· 1 day agoOn April 12, 2024, the Internal Revenue Service began notifying thousands of taxpayers that their...
940,000 Taxpayers Have Just 2 Weeks to Claim Part of the $1B theIRS Is Holding. See If You're Owed...
CNET· 1 day agoThe IRS is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but it won't be...
IRS Says You Have Until May 17 to Get Unclaimed Refunds: "Money on the Table"
Best Life· 16 hours agoThe Internal Revenue Service (IRS) is beginning to issue tax refunds to those who withheld too much...
Collier Sheriff's Office investigating multiple reports of tax payment thefts
Naples Daily News via Yahoo News· 48 minutes agoMost people don’t relish sending money to the IRS during tax season. For Terry and Janet Alonzo, this year was worse – their payment ended up in the hands of a thief, according ...
IRS Is Notifying Taxpayers Who Were Victims Of Massive Data Breach
Forbes· 1 day agoThe IRS is notifying taxpayers who were impacted by the Littlejohn data breach. Former IRS contractor Charles Littlejohn illegally accessed and distributed ...
IRS Announces Application Process for $6 Billion Allocation of Clean Energy Manufacturing and...
The National Law Review· 20 hours agoOn April 29, 2024, the IRS and the Department of Energy (DOE) announced the process by which they...
IRS Issues New Guidance for Private Letter Rulings on Spinoffs
Bloomberg Law· 11 hours agoThe IRS released new guidance on private letter rulings, detailing procedures for taxpayers seeking rulings on certain corporate transactions.
IRS Forms New Office to Resolve Tax Disputes Earlier and More Efficiently
WealthManagement.com· 19 hours agoAccording to IRS Commissioner Daniel Werfel, “This new office will revitalize existing programs and...