IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Might Issue ACO Guidance
By Allison BellThe Internal Revenue Service is asking whether it needs to issue new guidance to help tax-exempt health care organizations participate in the new Medicare Shared Savings Program accountable care organization initiative.
March 30, 2011
IRS Tells Foreign Financial Account Holders They Must FileEven if there is ‘no taxable income,’ holders may have to file; no extensions to June 30 deadline.
March 30, 2011
IRS Launches a Lenient Lien Program for Small BusinessesIf you have small business clients struggling with back taxes and/or tax liens, the IRS is offering ways to reduce their burden.
March 29, 2011
IRS Releases W-2 Group Health GuidelinesMost employers that send out more than 250 W-2 wage tax withholding forms in 2012 will have to provide information about how much they spend on the employees' group health coverage.
March 24, 2011
11 Ways to Prevent Identity Theft in Tax Season: Identity FinderIdentity Finder is cautioning taxpayers about increased exposure to identity theft, saying that the amount of personal data that is in transit electronically over the tax season can make individuals more vulnerable to identity predators, according to a news release on Thursday.
March 21, 2011
IRS Updates RateThe Internal Revenue Service has cut the rate that should be used to determine the present value of an annuity.
March 21, 2011
IRS Updates RateThe Internal Revenue Service has cut the rate that should be used to determine the present value of an annuity.
March 15, 2011
IRS Nearly Doubles Audits of Wealthy’s Tax ReturnsHigh-net-worth individuals be warned: the IRS is watching. And it’s not doing it return by return any longer; it’s looking at the big picture instead of one-offs, resulting in a rate of audits of the wealthy that nearly doubled in 2010.