IRS Reopens Offshore Tax Disclosure Program
Wealthy get a third chance to come clean, after previous programs collected more than $4.4 billion.
IRS Plans to Change Compliance Model to ‘Real Time’ From ‘Look Back’
In an initiative to streamline the tax filing process, the IRS is moving away from its traditional “look back” model of compliance toward a substantially more “real time” one.
Tax Amnesty: IRS Collects Billions From Hidden Offshore Assets
Getting straight with the IRS is gaining momentum among Americans who have previously evaded taxes by not disclosing offshore assets and income.
IRS Warns of Tax Scams by Unscrupulous Promoters
The IRS has a warning for taxpayers: 'If it sounds too good to be true, it probably is.'
GOP Demands IRS, Obama Records on Political Donor Tax Enforcement
Finance Committee members cite First Amendment rights in protecting nonprofits that primarily support political organizations, and the Republican Senators also requested records of conversations and correspondence from President Obama.
IRS Begins to Enforce New Rules for Tax Return Preparers
The IRS is tightening the screws on tax preparers in a concerted effort to remove those with criminal tax convictions or permanent injunctions.
Govt. Shutdown Nears, as Partisan Bickering Continues; Taxes Must Still Be Filed
With time running short and the federal government set to shutdown after midnight on Friday, Senate Majority Leader Harry Reid introduced a continuing resolution Friday morning that would extend operations for one week.
IRS Launches a Lenient Lien Program for Small Businesses
If you have small business clients struggling with back taxes and/or tax liens, the IRS is offering ways to reduce their burden.
Owe the IRS Back Taxes? IRS Offers Relief
The IRS has added or expanded programs to help taxpayers catch up with less ‘burden’; one big way is by doubling the lien threshold.
Outlook 2011, Tax Planning: Big Changes From Tax Bill; Extended Deadlines
IRS offers advisors many reasons to connect with clients as tax planning gets underway for 2011.