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Monthly Archives: August 2014

“Taxpayer Bill of Rights” – 10 Key Rights Outlined in Pub #1

The Internal Revenue Service announced August 12, 2014 that its cornerstone "Taxpayer Bill of Rights“ document is now available in six languages. Newly-revised versions of Publication 1, "Your Rights as a Taxpayer,” are now posted on in English, Spanish, Chinese, Korean, Russian and Vietnamese. By making this important publication available in multiple languages, the…
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Get Your Whistles Ready – IRS Issues Final Regs. on How To Get Your Reward!

IRS has issued final regs that provide comprehensive guidance for IRS' Code Sec. 7623 award program (i.e., whistle blower awards). Summary. These regulations provide comprehensive guidance for the award program authorized under Internal Revenue Code (Code) section 7623. The regulations provide guidance on: Submitting information regarding underpayments of tax or violations of the internal revenue…
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