Taxes July 15, 2026
Make the IRS an Offer It Can’t Refuse
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
Taxes July 15, 2026
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
Taxes July 15, 2026
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
IRS July 13, 2026
U.S. District Judge Kathleen Williams said the president's lawsuit against the IRS "was not brought to vindicate rights; it was brought to manipulate the judicial process to pursue benefits unavailable in litigation because the parties were not adverse.”
Taxes July 9, 2026
The IRS on Wednesday announced a new automatic process that will provide penalty relief for taxpayers who have a history of filing and paying their tax debts on time instead of requiring them to request assistance.
Taxes July 9, 2026
The final regulations identify certain arrangements claiming to be charitable remainder annuity trusts as "listed transactions," a specific type of abusive tax shelter that the IRS has formally identified as a tax-avoidance scheme.
IRS July 8, 2026
It's a question that's difficult to answer because the data the IRS collects to measure chatbot performance is unreliable, limiting the agency's ability to determine whether the applications are operating effectively, the Treasury Inspector General for Tax Administration says.
Taxes July 8, 2026
The coming threshold increase should not lessen the focus on 1099 compliance. It presents an opportunity for firms to elevate the conversation.
IRS July 6, 2026
The IRS has 1,124 known data-sharing agreements with outside organizations that are provided with federal tax information. The problem is the IRS couldn't identify all of its agreements or contracts because the agency doesn't have a centralized database.
IRS July 6, 2026
From FY 2020 to FY 2024, only 8% of the 70,879 people hired by the IRS were veterans, falling way short of the 14% veteran hiring goal set by the Treasury Department, a new report from the Treasury Inspector General for Tax Administration says.
Taxes July 6, 2026
Some IRS Taxpayer Assistance Centers didn't provide accurate tax guidance or properly assist walk-in taxpayers during the 2025 filing season, according to a new report from the Treasury Inspector General for Tax Administration.
IRS July 6, 2026
Sen. Sheldon Whitehouse (D-R.I.) seeks copies of “all memoranda prepared by the IRS discussing defenses against” claims Trump and his sons made in their $10 billion lawsuit against the IRS, according to a letter.
Taxes July 2, 2026
Tim Robinson, founder of Addiction Recovery Center, what was once Kentucky’s largest drug addiction treatment company, was criminally indicted last month on charges of wire fraud and money laundering.
Taxes July 2, 2026
Patricia Jones, 44, of Lamar, MS, who submitted fraudulent tax forms to steal more than $1.4 in pandemic relief funds, was sentenced to more than four years in federal prison this week and ordered to pay full restitution.