IRS

Technology

IRS command center can do more to protect IT

The IRS has not gone far enough in implementing best practices at its Service Operations Command Center, which ensures the normal operation of mainframes and servers used to receive and process tax returns.
Tax

IRS faces challenges keeping up with the regulations

Turns out, it's not just taxpayers who find the tax code confusing. The Internal Revenue Service (IRS) itself is having a hard time keeping up with constantly changing tax laws.
Tax

Kelley re-elected to fourth term as NTEU President

On August 9, delegates to the fifty-third NTEU National Convention elected Colleen M. Kelley to a fourth term as president by a decisive 86-to-14-percent margin over her lone challenger. As the nation's largest independent federal union, NTEU represents 150,000 employees in thirty-one agencies and departments, including the Department of the Treasury, the Department of Health and Human Services, and the Department of Homeland Security.
Tax

IRS customer service is good but needs to be better

The Internal Revenue Service (IRS) still needs to improve the quality of its customer service, according to the latest report issued by the Treasury Inspector General for Tax Administration (TIGTA).
Tax

Audit report: More could be done to protect Low Income Taxpayer Clinic grant funds

The Taxpayer Advocate Service could be doing more to ensure that grant funding it provides to Low Income Taxpayer Clinics are properly used, according to a report released Wednesday
Tax

Preparer alert: Keep your clients from becoming victims of tax scams

Tax return preparers need to alert their clients to tax scam artists who might mislead them or persuade them to file false claims for tax credits or rebates. According to the IRS, there has been an increase in tax return-related scams.
Tax

Tax return preparer registration for 2012 to start soon

For more than a year now, all paid tax return preparers have been required to obtain a preparer tax identification number (PTIN). Renewals for 2012 are expected to start in October 2011. Practitioners who haven't done so already can apply for a PTIN relatively easily.
Tax

IRS slow to tell taxpayers when their information was disclosed

Just as the Obama administration seeks to protect consumers from breaches of personal privacy, the IRS is being told that it's too slow to tell taxpayers when their personal information wasn't kept private.
Tax

Taxpayer Advocate: Cuts to IRS would hinder tax collection efforts

National Taxpayer Advocate Nina Olson is telling lawmakers to leave the IRS alone when it comes to budget cuts.
Tax

Report says IRS plagued by financial management system problems

The IRS financial management systems, which do not comply with federal law, are unlikely to be fixed before 2014, according to an audit report.
Tax

TIGTA report: IRS taxpayer data is vulnerable to hackers

According to a report by the Treasursy Inspector General for Tax Administration, the IRS needs to do more to keep data secure.
Tax

TIGTA report finds the IRS struggling with old challenges and new laws

The TIGTA's recent Semiannual Report to Congress summarizing the activities of the IRS for the six months ending March 31, found that the Agency has failed to make significant progress solving long standing problems.
Tax

IRS reaches milestone of 1 billion e-filed tax returns

The Internal Revenue Service has announced that its e-file service has reached a major milestone as it passed the one billion mark for individual tax returns processed safely and securely since 1986.
Tax

IRS extends FBAR filing deadline for certain individuals

The Internal Revenue Service and the Financial Crimes Enforcement Network (FinCEN) have announced that a small subset of individuals with only signature authority required to file the Report of Foreign Bank and Financial Accounts (FBARs) will receive a one-year extension beyond the upcoming filing date of June 30, 2011.
Tax

IRS watchdog tells of billions of dollars in losses

Improper payments by the IRS are costing taxpayers billions each year. At issue are several kinds of refundable tax credits, but most of the fraud stems from the Earned Income Tax Credit, or EITC.
Tax

IRS and the mileage rate increase

The last time we saw a steep increase in gas prices at the pump, the IRS helped ease the pain with an increase in the allowable standard mileage deduction/reimbursement rates. There was a mid-year mileage rate adjustment in 2005, and another one in 2008.
Tax

IRS turns up the audit heat again

The IRS is reporting that tax audits of individual taxpayers overall went up for the 2010 fiscal year. But that's not all. It appears that certain groups are being targeted.
Tax

IRS gets serious about return preparer rules

The PTIN registration is the first step in a multi-year effort by the IRS to provide standards for and oversight of the tax preparation industry. Starting this fall, certain paid preparers will be required to pass a new competency test.
Tax

IRS commissioner proposes changes to the tax preparation process

Internal Revenue Service Commissioner Douglas Shulman says "looking back" has been the business model of the IRS since its inception in 1862, but dealing with taxpayer issues up-front is where the tax agency should be headed.
Technology

AICPA urges IRS to help safeguard electronic accounting records

In a letter this week, the American Institute of Certified Public Accountants urged the IRS to work with small business owners to safeguard private data included in electronic accounting software records that the IRS may request as part of an examination.

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