by Rupinder | Apr 15, 2016 | Uncategorized
In advance of the tax deadline, the Internal Revenue Service today warned tax professionals of a new emerging scam in which cybercriminals obtain remote control of preparers’ computer systems, complete and file client tax returns and redirect refunds to thieves’...
by Rupinder | Apr 13, 2016 | Uncategorized
All agreed at the Senate Finance Committee’s (SFC’s) cybersecurity hearing on April 12 that taxpayers are becoming more vulnerable to increasingly sophisticated criminal tactics designed to steal personal identity information. “Taxpayers have been failed by the...
by Rupinder | Mar 30, 2016 | Uncategorized
The Internal Revenue Service released the 2015 IRS Data Book today, a snapshot of agency activities for the fiscal year. The 2015 Data Book describes activities conducted by the IRS from Oct. 1, 2014, to Sept. 30, 2015 and includes information about returns filed,...
by Rupinder | Mar 21, 2016 | Uncategorized
As part of the continued crackdown on refund fraud and identity theft, the Internal Revenue Service today released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015. These prosecutions are part of the wide-ranging strategy to combat refund fraud and assist...
by Rupinder | Mar 14, 2016 | Uncategorized
The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning April 1, 2016. The rates will be: three (3) percent for overpayments [two (2) percent in the case of a corporation]; one-half (0.5) percent for the...
by Rupinder | Mar 11, 2016 | Uncategorized
National Taxpayer Advocate Nina E. Olson and Rep. Jose Serrano, ranking member of the House Appropriations Subcommittee on Financial Services and General Government, will hold a public forum to discuss what taxpayers want and need from the IRS to comply with their tax...
by Rupinder | Mar 8, 2016 | Uncategorized
The Internal Revenue Service today announced it recommended and the Department of the Treasury has approved the selection of 32 new members to serve on the nationwide Taxpayer Advocacy Panel (TAP). The TAP is a federal advisory committee charged with providing...
by Rupinder | Feb 26, 2016 | Uncategorized
Following an incident involving the IRS’s “Get Transcript” application discovered last May, the Treasury Inspector General for Tax Administration conducted a nine-month long investigation looking back to the launch of the application in January 2014 for additional...
by Rupinder | Feb 23, 2016 | Uncategorized
Low Income Taxpayer Clinic Program Reports on Activities The Internal Revenue Service’s Low Income Taxpayer Clinic (LITC) Program Office has issued its fourth annual program report. The new report describes how LITCs across the nation have assisted low income...
by Rupinder | Feb 17, 2016 | Uncategorized
National Taxpayer Advocate Nina E. Olson will convene the first in a series of public forums on taxpayer service on Tuesday, February 23, at 10:00 AM at the IRS Headquarters Building in Washington D.C. Members of the public and the media may attend by following the...
