IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Says 44% Cut in Tax Rates OK With Us
By Gil WeinreichIf Congress were to eliminate all tax expenditures, it could cut individual income tax rates by about 44% and still generate about the same amount of revenue, the IRS' taxpayer advocate said in a report that went mostly unnoticed.
January 04, 2013
GAO to IRS: Shift Taxpayer Exam PrioritiesCorrespondence exams of individual returns provide far more bang for the buck than broader and more complex field exams, the GAO found in a review.
January 01, 2013
IRS posts PPACA employer mandate draftRegulators hope to keep the "shared responsibility" rules from eliminating full-time employees.
January 01, 2013
IRS posts PPACA employer mandate draftRegulators hope to keep the "shared responsibility" rules from eliminating full-time employees.
December 12, 2012
In Giving Season, Reminders From IRS; Guidance From CFP BoardTimely reminders on smart client giving during the holiday season include IRS rules and suggestions from the CFP Board's Consumer Advocate Eleanor Blayney.
December 03, 2012
PPACA and her sister: IRS posts tax proposalsRegulators propose regulations for collecting a new investment tax and a new Medicare payroll tax.
December 03, 2012
PPACA and her sister: IRS posts tax proposalsRegulators propose regulations for collecting a new investment tax and a new Medicare payroll tax.
November 20, 2012
IRS Relaxes Withdrawal Rules for Sandy VictimsThe IRS announced on Nov. 16 that Americans affected by Hurricane Sandy would be able to take advantage of relaxed rules regarding loans and hardship withdrawals from 401(k) and employer-sponsored plans.