IRS News

IRS Free File available now
IRS Free File, which has been making taxes a little less taxing for a decade is available now. More than 33 million returns have been filed through Free File since its debut.
IRS fighting identity theft, and you can too
Criminal file false returns in hopes of refunds.
IRS Audit Red Flags: The Dirty Dozen
Although there's no sure way to avoid being audited, your chances increase depending upon various factors.
Beware The Long (Global) Arm Of The IRS
In an attempt to balance the budget and close the tax gap, Congress, the Obama administration and the IRS are on a mission to intimidate Americans into reporting all of their income, onshore and offshore.
IRS Tackles Giants Safety Antrel Rolle-Hard
Star defensive player agrees to pay $1.9 to settle improper-deductions claim
With Indictments, IRS Will Get More Data From Swiss
The indictment of the Wegelin, the oldest Swiss private bank, moves the global banking transparency battle from bows and arrows to nuclear weapons. Do Swiss bankers? nerves fray after Wegelin??indictment? Yes, no question. With an indictment death knell imminent, Wegelin was sold a week ago. Founded in 1741, this was one storm it could not ...
IRS Revised Rules for Streamlined Installment Agreements
The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the maximum amount subject to the relaxed streamlined agreements from $25,000 to $50,000. You may request a monthly installment plan by submitting Form ...
Apply For A Passport? IRS Will Know
If you apply for a passport, the IRS will know. It's not clear how the IRS uses this data, although my guess is for data verification plus perhaps information gathering for later collection efforts. The IRS has released proposed regulations to ramp up the information the IRS receives to better enforce the tax laws. These rules are only proposed and don't take legal effect until finalized.
IRS Helps Bust 105 People in Massive Identity Theft Crackdown
The Internal Revenue Service and the Department of Justice teamed up for a coast-to-coast crackdown on identity thieves this week.
IRS Liens and Levies, Are They Overdoing It?
The Taxpayer Advocate Report to Congress regarding Internal Revenue Service (IRS) Collection Practices expressed concern about the IRS collection procedures for IRS debt when it inflicts "unnecessary or disproportionate harm" on the taxpayer.