The congressman made his fortune from the Viper vehicle security system before he was elected to Congress and has built a successful real estate business in Carlsbad, where his multiple properties are valued at $1 million and higher.
The Internal Revenue Service is not adequately performing software license management and is not adhering to Federal requirements and industry best practices for software used on desktop and laptop computers, according to a new audit report released by the Treasury Inspector General for Tax Administration.
Organizations that must register with the Internal Revenue Service under the Foreign Account Tax Compliance Act (FATCA) can now do so online at the taxing agency's website, the IRS announced on Monday. FACTA is usually required by financial institutions.
The Internal Revenue Service, in conjunction with the US Department of Justice, has ramped up its efforts to identify – and publicly bring charges against – tax preparers who actively engage in the filing of fraudulent returns.
The IRS needs to make changes to its management controls for overseeing revenue officer case actions, the Treasury Inspector General for Tax Administration found in its latest report. The report looked at 139 cases closed by revenue officers in the Small Business/Self-Employed Division Collection Field function and found inconsistencies in how ROs handled them.
On Thursday, the White House nominated John Andrew Koskinen, of the District of Columbia, to be Commissioner of Internal Revenue.
The IRS announced today that it plans to retire two major e-Services incentive products used by CPAs, attorneys and enrolled agents to file authorizations and resolve IRS account problems.
National Taxpayer Advocate Identifies Priority Issues for Upcoming Year; Reports on Exempt Organization Review Concerns