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US Senate 1  54b9719e3d9b1

January 16, 2015 

Is the Senate Really Serious About Income Tax Reform in 2015?

In a joint press release issued on January 15, the highest-ranking members of the Senate Finance Committee (SFC) – new chairman Orrin Hatch (R.-UT) and previous chairman Ron Wyden (D.-OR) - announced the launch of five separate “working groups” devoted...

 IRS Launches Online Data Exchange Program for FATCA

January 15, 2015 

IRS Launches Online Data Exchange Program for FATCA

The Internal Revenue Service has opened the International Data Exchange Service (IDES) for enrollment. Financial institutions and host country tax authorities will use IDES to securely send their information reports on financial accounts held by U.S. pers

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January 14, 2015 

Dislike the IRS? Things Are Going to Get Much Worse

Already the most-disliked federal agency, the Internal Revenue Service is about to see its reputation take another dive as customer service sinks to worst level since 2001, according to National Taxpayer Advocate Nina E. Olson.

Internal-Revenue-Service-building-in-Washington-AP1

December 12, 2014 

IRS Issues New Procedure for Offers in Compromise Appeals

The Internal Revenue Service is releasing a revenue procedure today providing rules for the nationwide rollout of post-Appeals mediation for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases. The IRS Office of Appeals originally ...