Each year, the Taxpayer Advocate Service (TAS) presents legislative recommendations to Congress as part of its Annual Report. TAS recently delivered its recommendations for 2024 to the legislature.

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The Internal Revenue Service (IRS) recently released the latest collection of everything-IRS for the fiscal year ending September 20, 2023. Not surprisingly, it is called the IRS Data Book.

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A budget-boosted compliance effort by the Internal Revenue Service (IRS) is paying off. The agency announced in July that it has collected more than $1 billion in overdue taxes from high-wealth taxpayers.

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The Internal Revenue Service (IRS) is synonymous with tax collection and tax enforcement. The enforcement unit within the IRS that investigates and pursues tax crime is called Criminal Investigation (IRS:CI).

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The Internal Revenue Service (IRS) investigation into tax crime around the pandemic-era Employee Retention Credit program is in high gear and looking into fraudulent claims. Processing of legitimate ERC remains ongoing at a slow pace.

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As a taxpayer, receiving a letter from the Internal Revenue Service (IRS) announcing an audit is an unpleasant surprise. As you worry about the audit, it can be worthwhile to understand a resource that examiners use to look at your business—an Audit...

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Erin Collins, the National Taxpayer Advocate (NTA), recently took the Internal Revenue Service (IRS) to task for an unprocessed backlog of 500,000 tax fraud cases.

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Each year, the Internal Revenue Service (IRS) compiles a list of prominent tax schemes that scammers use to exploit individuals and businesses. These schemes can arrive through email, text messages, and even traditional mail. This year, the IRS has...

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If you have a foreign bank account, hold assets or have an interest in an offshore tax account, you are required to file a Report of Foreign Bank and Financial Accounts (FBAR). If you failed to file in the last year, the Internal Revenue Service...

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The Department of Treasury is taking aim at the basis-shifting practices of partnerships.

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