IRS mostly correct on recovery rebate credits, TIGTA says
The IRS correctly calculated taxpayers’ eligibility for a recovery rebate credit in the 2021 filing season 99.3% of the time,...
IRS levy trumps decedent’s children’s claim to money held in usufruct
Jun 3, 2022
The Fifth Circuit affirmed a district court decision that an IRS levy against a decedent’s estate for unpaid taxes took...
Senators urge 2-D barcoding of paper-filed tax returns in 2023
Jun 1, 2022
Seconding a recent directive by the national taxpayer advocate, all 14 Republican members of the Senate Finance Committee wrote IRS...
Adopting a child: Tax planning considerations
May 27, 2022
Parents pursuing an adoption can use a CPA’s advice. The decision to adopt a child has lifelong implications, both emotional...
Report: IRS Destroyed 30 Million Paper Tax Documents
May 24, 2022
An audit by the Treasury Inspector General for Tax Administration (TIGTA) has found that the Internal Revenue Service made an...
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