New IRS automation is accelerating audits, levies, and wage garnishments, prompting tax professionals to reassess how ...
Following a setback in a federal court case earlier this year, the Internal Revenue Service is releasing proposed regulations that would change the procedure it follows when pursuing inquiries into ...
The Internal Revenue Service has been hiring different kinds of workers in its Office of Tax-Exempt Bonds, and bringing on more of them, resulting in more newly started cases, more people on calls to ...
The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022. Processing Content Last year, the IRS announced a ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
Because a limited liability company (LLC) made a valid early election into the audit and examination regime of the Bipartisan Budget Act (BBA), P.L. 114-74, the IRS’s final partnership administrative ...
It is an uncertain time to be a tax-exempt public charity or private foundation. The federal government has recently scrutinized certain tax-exempt organizations (see here), and draft congressional ...