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2024 Tax Refund Still Hasn't Arrived? Here's How to Track It
CNET· 5 days agoIf you filed your tax return weeks ago and still haven't received your refund money, it could be for...
IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling
PYMNTS.com· 13 hours ago“Like any large business, the IRS has a vast portfolio of operating systems,” Walker said. The...
IRS plans to more than double its audit rate of wealthy taxpayers
FOX Business· 1 day agoThe IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of...
IRS to increase audits for 2 specific groups and reduce for others
The Cleveland Plain Dealer· 1 day agoThe Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major...
Time almost up for SC taxpayers to get their share of $12.5M, IRS says. Here’s how to get yours
The State McClatchy via AOL· 1 day agoFor many taxpayers, this is by far the quickest and easiest option. Request a transcript. Another...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
theGrio via AOL· 1 day agoA study from January 2023 found that IRS data-driven algorithms selected Black taxpayers for auditing at up to 4.7 times […] The post IRS acts to address ...
IRS lays out modernization priorities, sounds alarm on funding shortfall
FedScoop· 1 day agoThe IRS believes it will soon be forced to scale back its business system modernization efforts,...
IRS PLR: Extension of Time to Assess Branch Profits Tax Granted (IRC §884)
Bloomberg Law· 1 day 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 Unveils Plan to Crack Down on Wealthy Taxpayers
The Fiscal Times· 1 day 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 Forms New Office to Resolve Tax Disputes Earlier and More Efficiently
WealthManagement.com· 3 days agoAccording to IRS Commissioner Daniel Werfel, “This new office will revitalize existing programs and...