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Taxation

  • Taxpayer Advocate Says Too Many Stuck in Unaffordable IRS Payment Plans

    By:
    Chris Gaetano
    |
    May 30, 2019
    While the law says that the IRS must cease collections on delinquent taxpayers if payment plans would push them into economic hardship, National Taxpayer Advocate Nina Olson said this has not been the case for far too many people, whom she said the government essentially sets up to fail by placing them in unsustainable payment plans. 
  • IRS Tells Preparers to Let the Agency Know If They Were Affected by CCH Outage

    By:
    Chris Gaetano
    |
    May 15, 2019
    The IRS has issued a statement saying that tax preparers who were unable to file on time due to the outage of the popular tax software platform CCH should note it on their returns when they do file. 
  • IRS Reports $4.4B Decrease in Refunds During Recent Tax Season

    By:
    Ruth Singleton
    |
    Apr 29, 2019
    The IRS announced that the total amount of tax refunds in the recent tax season decreased by $4.4 billion, from $265.326 billion to $260.919 billion, a 1.7 percent decline.
  • TIGTA Says New Form 1040 Stressed IRS Capacity

    By:
    Chris Gaetano
    |
    Apr 22, 2019
    In a report issued last week, the Treasury Inspector General for Tax Administration said that the introduction of the new Form 1040, on top of all the other things that the IRS had to do to implement the Tax Cuts and Jobs Act, created a great deal of additional work for the agency at its busiest time of the year. 
  • IRS Announces Plan to Modernize Aging Tech Infrastructure

    By:
    Chris Gaetano
    |
    Apr 19, 2019
    The IRS has announced an initiative aimed at modernizing the service's information technology infrastructure, and integrating that modernization into every aspect of its operations. 
  • Should Tax Records Be Public?

    By:
    Chris Gaetano
    |
    Apr 17, 2019
    A recent opinion piece in the New York Times makes the case that tax information should be made public. 
  • Senators Introduce Bill Regulating Tax Preparer Qualifications

    By:
    Chris Gaetano
    |
    Apr 12, 2019
    Senator Ron Wyden (D -Ore.) has introduced legislation that would give the IRS the authority to set minimum standards for all tax practitioners, as well as add new competency requirements.