The Internal Revenue Service (IRS) issued a new warning for taxpayers about this year's unprecedented increase in attempted tax fraud. This summer has seen an increase in "robo-calls," where scammers leave threatening voicemail messages. When taxpayers call back, they...
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IRS Announces Nationwide Tax Forum Dates and Locations
Registration for the 2016 Internal Revenue Service Nationwide Tax Forums is now open. The forums offer three days of seminars in the fields of tax law, compliance and ethics at multiple locations around the US, including San Diego, California. For more...
Federal Tax Treatment of Reimbursements to Southern Californians Affected by Gas Leak
The Internal Revenue Service (IRS) recently announced that Southern Californians affected by the natural gas leak in the Aliso Canyon storage field that was discovered on October 23, 2015, will not be required to include payments or reimbursements made to them by the...
National Taxpayer Advocate Releases Mid-Year Report to Congress
National Taxpayer Advocate Nina E. Olson gave her mid-year report to Congress on July 7, 2016, reviewing the 2016 filing season and identifying priority issues she hopes the Internal Revenue Service (IRS) will address. Olson's main concern is how technology-driven the...
Security Summit Successes and Steps Forward
The Security Summit, a partnership between the IRS, state tax agencies, and private-sector tax industry executives, met on June 28, 2016 to review its first-year successes and strategize for 2017. The Summit focused on improving authentication procedures, information...
IRS Relaunches Online Transcript Tool with More Rigorous Security Checks
The Internal Revenue Service (IRS) has returned its Get Transcript Online tool back into service after disabling it in Spring 2015 due to security issues. With a "more rigorous e-authentication process" in place, all users can access copies of their tax transcripts...
IRS Filing Deadline for Employers and Health Coverage Providers
Self-insured employers, applicable large employers, and health coverage providers must electronically file their Forms 1094-B and 1095-B by June 30, 2016. Paper returns were due May 31, 2016. The Internal Revenue Service created this chart to help you determine your...
Treasury Inspector General for Tax Administration Estimates Over $34 Million in Inappropriate Tax Refunds and Abatements
The Treasury Inspector General for Tax Administration (TIGTA) issued a final report on May 17, 2016, after auditing the Internal Revenue Service's handling of amended individual tax returns. It found that examinations of such returns "did not always ensure that claims...
IRS Commissioner Addresses Significant Reduction in Younger Employees
In his speech to the National Press Club recently, IRS Commissioner John Koskinen noted that the IRS' age 25-and-under recruits has recently dropped from 650 to only 200. Since more than 40 percent of the current IRS workforce will be eligible for retirement in the...
Tax Treatment of Employer Wellness Programs
The IRS Office of Chief Counsel recently released a memo from April 14, 2016, regarding the tax treatment of benefits an employee receives through an employer wellness program. Specifically, the Chief Counsel determined that cash benefits paid as a reward for or...
