IRS International Data Exchange Service Open for FATCA Filings
“The opening of IDES is a milestone in the implementation of FATCA,” said IRS Commissioner John Koskinen.
IRS Pledges 2015 Tax Season Will Open on Time
Commissioner John Koskinen says IRS will begin accepting electronic and paper tax returns on Jan. 20.
IRS Pushed to Crack Down on ‘Mega IRAs’
GAO report offers recommendations to IRS on reining in large retirement accounts with hard-to-value assets.
Tax Extenders Bill in Jeopardy as Debt Limit Looms
“No one has any idea how to pay for that,” one analyst says.
IRS Prods Lawmakers to Pass Tax Extenders
Senate Finance Chairman Wyden prodded Congress after the IRS warned that failure to act could disrupt tax filing season.
IRS Warns of FATCA Phishing Scams
Scam artists posing as the IRS have fraudulently solicited account holder identity and financial account information.
IRS Warns on Phone Scams as Its Contractors Put Taypayer Info at Risk
Agency warns of the biggest phone scam it has ever seen; meanwhile, a report finds IRS gave contractors taxpayer data without mandatory background checks.
IRS Tweaks Offshore Account Rules to Prod Tax Cheats to Pay Up
IRS expands its program to encourage the millions of Americans who have cheated on their taxes with offshore accounts to come forward.
IRS Says It Will Revise Rules on Political Nonprofit Groups
Following political uproar from many sides, agency said it will revise rules on 401(c)(4) groups before holding public hearings.
IRS’ Top 12 Tax Scams: 2014’s Dirty Dozen
The spring tax season is a lucrative one for scam artists who prey on both unwary victims and complicit tax evaders.