IRS Offers Office Hours to Answer Prefiling Registration Questions
In an EO Update newsletter, the IRS announced that it will hold office hours to help entities with the prefiling registration process …
Wyden, Smith Unveil Bipartisan Tax Framework
The top taxwriters in the House and Senate put forth a $78 billion, multi-pronged joint tax proposal highlighted by tax …
Werfel: Enforcement Initiatives Homing in on Partnerships, Large Corps
The IRS has collected over half a billion dollars from millionaires in its attempts to capture amounts owed by complex …
Partnerships Get Penalty Relief for Failure to Furnish Payee Statements
In a notice, the IRS has provided failure to furnish penalty relief to partnerships that are required to furnish Form …
2023 NTA Annual Report: Big Strides Taken by IRS but Delays Linger
In her latest annual assessment of the IRS’ efforts to improve taxpayer services and overall administration, National Taxpayer Advocate Erin …
Ways and Means Chair Again Presses IRS on Tax Data Security
Calling the maximum possible sentence of a former IRS contractor who pleaded guilty to unlawfully disclosing private tax information to …
IRS Funding Cuts Accelerated in FY 2024 $1.6T Spending Deal
Previously agreed upon cuts from the IRS’ Inflation Reduction Act (PL 117-169) funds across fiscal years 2024 and 2025 would …
IRS Provides More Time for Clean Vehicle Dealers, Sellers to Submit Time-of-Sale Reports
The IRS has provided an extension of time for clean vehicle dealers and sellers to submit to the IRS their …
IRIS Launches 2024 Filing Season On January 10
During the January 4 IRS payroll industry call, the IRS announced that the 1099 filing platform, the Information Return Intake …
Tax Court Had Jurisdiction Over Petition Filed After 90-Day Limit and Before Date Listed in NOD
In a case of first impression, the Tax Court decided that a taxpayer’s Petition for Redetermination was timely even though …