In a report released on Monday, the IRS watchdog found that the tax agency may not be completing the required research steps in collecting delinquent taxes before considering the cases “not collectible.”
The tax agency on Wednesday warned foreign financial institutions of a "phishing" scam in which fraudsters posing as the IRS are trying to solicit account-holder identity and financial account information under the new US law.
The IRS has announced the special per diem rates for substantiating certain business expenses taxpayers incur when traveling away from home in 2014 and 2015. The new per diem rates go into effect Oct. 1.
More than 1 million tax payments have been processed, and more than $1.7 billion have been received, so far in 2014 through IRS Direct Pay, a free online payment system that debuted earlier this year, the tax agency announced on Wednesday.
The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more, which generally includes trucks, truck tractors, and buses. The Labor Day holiday pushed the due date for Form 2290 back two days.