The Internal Revenue Service may be short-staffed and have seen its budget cut, but Commissioner Charles Rettig believes he can both improve taxpayer and tax practitioner service, and up the agency’s enforcement game. "I’m An Enforcement Guy, I’m A Taxpayer Service Guy -- I Hope To Touch Every Aspect Of The Tax Service," he…
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IRS Warns Of Higher Penalty For Some Tax Returns Filed After June 14
On June 7, 2019 the IRS released IR-2019-106 where The Service urges taxpayers who owe tax and have not filed their 2018 return to act before Friday, June 14, before a larger penalty kicks in. The failure-to-file penalty is assessed if there is unpaid tax and the taxpayer fails to file a tax return or request an…
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9th Circ., For the Second Time, Revives IRS Cost-Sharing Rule In Altera!
On August 7, 2018 we posted IRS Win In Altera Cost-Sharing Row Withdrawn? where we discussed that the Tax Court had sided with Altera Corp., an Intel subsidiary, in the case in July 2015 after finding that the IRS had ignored significant evidence and public comments while issuing its rule requiring cost-sharing agreements between related parties to…
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IRS Whistleblower Office Collects Over $1.44 Billion & Paid a Record $312M to Tipsters
The IRS’s Whistleblower Office collected over $1.44 billion and awarded 217 whistleblowers $312 million in fiscal year 2018. The 2018 Whistleblower Program Annual Report to Congress is available on IRS.gov. The Internal Revenue Service’s Whistleblower Program made 217 awards to whistleblowers totaling $312,207,590 and collected $1,441,255,859 in fiscal year 2018, according to a new report.The annual…
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