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The Internal Revenue Service enjoys ample room for improvement on a number of issues, according to tax practitioners asked about the agencys biggest challenges.
July 1 -
The IRS reports that it processed 134,387,120 returns from last season through May 26.
July 1 -
Check out the digital edition of the July 2016 issue of Accounting Today.
June 30 -
The Treasury Department and the Internal Revenue Service have finalized a rule requiring U.S. parent companies of large multinational public and private companies to provide financial data to the IRS on a country-by-country basis.
June 30 -
Former billionaire entrepreneur Samuel Wyly will have to move out of his $12 million Texas mansion unless he miraculously wins a "home run" appeal of a fraud case in Manhattan, a federal judge ruled.
June 30 -
The Internal Revenue Service needs to do a better job of assessing the performance of its Volunteer Tax Return Preparation Program, according to a new report, which nevertheless found the volunteer tax preparers completed mostly accurate tax returns this past tax season.
June 29 -
Luxembourgs criminal court handed out suspended jail terms and fines to former PricewaterhouseCoopers staffers Antoine Deltour and Raphael Halet for their role in the so-called LuxLeaks scandal.
June 29 -
Highlights of some of our favorite tax-related blogs from the past week.
June 28 -
Give some people time and invariably theyll want more.
June 28 -
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The Internal Revenue Service held a meeting Tuesday of its Security Summit members to discuss progress on combating identity theft-related tax refund fraud this past tax season along with plans for next year.
June 28 -
Oil-industry investor Morris Zukerman faces more than seven years in prison after pleading guilty to federal charges of evading more than $40 million in taxes.
June 28 -
The Internal Revenue Service needs to expand its use of data and develop a comprehensive strategy to address noncompliance by taxpayers claiming refundable tax credits such as the Earned Income Tax Credit, according to a new report.
June 27 -
On June 23, the UK population narrowly voted to end its 43-year membership in the European Union.
June 27 -
Regardless of whether you were surprised, overjoyed, dismayed or showed any other emotion (perhaps anger as you saw world markets tank), Brexit is here.
June 27 -
F. Lee Bailey, a defense attorney who gained fame for his work in two sensational 1960s cases and later was part of O.J. Simpsons Dream Team, filed for personal bankruptcy, saying hes more than $5 million in debt.
June 27 -
What the IRS giveth, the IRS taketh away. At age 70½, the bill comes due on all those tax-deferred savings accounts weve been building, and this week the oldest baby boomers will begin to reach that finish linewith many millions more to follow.
June 27 -
A roundup of some of our favorite recent tax fraud cases.
June 26 -
Options for tax reform are legion the missing ingredient is leadership
June 26 -
A practical guide to perfecting your tax research techniques and achieving sustainable tax return filing positions
June 24
