IRS Forms Alternative Dispute Resolution Office
The IRS has formed a unit that aims to make it easier to quickly resolve tax disputes without litigation, an effort that will include more outreach on avenues available to taxpayers.
As tax season begins, the IRS faces a monumental task: Digitizing a billion pieces of paper
As Americans prepare to file their 2023 federal tax returns, the Internal Revenue Service is getting ready to take on one of its biggest challenges: Digitizing all of its paper.
IRS faces $20 billion cut under debt ceiling deal
Last year, Congress approved $80 billion in new funding for the Internal Revenue Service — but the bipartisan debt ceiling deal would claw some of that money back.
IRS Earns Praise for ERC Claim Withdrawal Initiative
An IRS initiative that will allow businesses to withdraw questionable employee retention credit claims is being hailed as a positive development that could help taxpayers and the IRS alike.
IRS Denied Your Employee Retention Credit (ERC) Claim — Now What?
The IRS is moving forward with issuing tens of thousands of denial/disallowance letters to applicants of the Employee Retention Credit (ERC).
Our experts share insights on the IRS’s newly created office, its use of AI, and an update on ERC processing
IRS has recently announced several achievements, including the development of a new program office, while also acknowledging difficulties in areas such as the processing of coronavirus disease (“COVID”)-era tax credits.
IRS Compliance Restructuring Plan Faces Steep Road to Reality
An item in the IRS’s strategic operating plan to centralize its enforcement function could herald the most substantial reorganization for the agency since 1998 — or it may fizzle out altogether.
IRS commits to making Child Tax Credit changes quickly
The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.
IRS commissioner nomination advances amid debate over $80 billion agency funding
The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner amid fierce debate over the agency’s $80 billion in funding.
IRS Can Seek Bank Records Without Notice, Supreme Court Says (2)
The US Supreme Court on Thursday rejected a proposed limit on the IRS’s ability to demand a bank account holder’s records without giving notice as part of an effort to collect on someone else’s delinquent taxes.