IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS’ 5 Tax Tips for Newlyweds, Divorcees
By Marlene Y. SatterIf your client has just gotten married or divorced, the last thing you want is for something to further complicate tax returns, or throw a snag into the processing of a refund.
February 09, 2012
IRS to Business Owners: Did You File Your 1099s?Business owners will find two new questions on their income tax forms this year.
February 08, 2012
IRS, Europe Join to Target Americans Holding Foreign AccountsThe governments of France, Germany, Italy, Spain and the U.K. joined with the Treasury Department to express intent to use a government-to-government framework to implement the requirements of FATCA, which target evasion by U.S. taxpayers using foreign accounts.
February 08, 2012
How to Be a 501(c)(29) EntityThe new IRS Revenue Procedure 2012-11 sets up procedures for would-be CO-OP carrier organizers.
February 08, 2012
How to Be a 501(c)(29) EntityThe new IRS Revenue Procedure 2012-11 sets up procedures for would-be CO-OP carrier organizers.
January 17, 2012
IRS Burdened by Inadequate Resources: Internal MonitorAmerican taxpayers face inadequate service, erosion of rights and reduced tax compliance because of the Internal Revenue Service's expanding workload and declining resources, according to a report by the IRS' internal monitor.
January 12, 2012
Providers of 403(b) Plans Gear Up for Regulatory ChallengesProviders of 403(b) plans that are subject to ERISA will face regulatory challenges this yearnamely complying with the Department of Labors fee disclosure rule as well as the expanded Form 5500 reporting requirements.
January 11, 2012
IRS Reopens Offshore Tax Disclosure ProgramWealthy get a third chance to come clean, after previous programs collected more than $4.4 billion.