IRS

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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.

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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 ...

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

December 12, 2014 

IRS Hiring Practices and Salaries Examined in Report

A new report says the Internal Revenue Service (IRS) used its legislative authority appropriately when it temporarily hired employees at salaries higher than those typically given to Federal Government senior executives.

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December 5, 2014 

IRS Interest Rates to Remain the Same for 1st Quarter 2015

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2015. The rates will be: three (3) percent for overpayments (two (2) percent in the case of a corporation); three (3) percent for underpayments; five (5) percent for large corporate underpayments; and one-half (0.5) percent...…

 IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

November 13, 2014 

IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA