National Taxpayer Advocate Nina Olson, who will retire on July 31, 2019, recently released her final report to Congress, summarizing the 2019 filing season and identifying objectives for FY 2020. Top on her list of goals is the improvement of services to taxpayers, with a move towards a "taxpayer-centric strategy" designed to reduce anxiety and increase trust in our federal tax system.
The IRS is doing more than protecting taxpayer data and detecting cyber fraud. It is educating tax professionals on cybersecurity at its annual Nationwide Tax Forums. Certain education seminars at this year's Forums will focus on addressing "basic cyber hygiene" and how to manage and prevent cyber threats to businesses, as well as the foundations of information security programs. Forum dates across the country and registration details are available here.
The IRS has established a plan to modernize its systems with an eye toward better service to taxpayers. Cybersecurity is a top priority for the IRS in 2019, as is protecting taxpayer data. The newly released plan outlines a six-year strategy to expand taxpayers' access to their own information and customer support options, to increase secure systems available for tax practitioners' use, and to streamline implementation of new tax provisions.
The Treasury Inspector General of Tax Administration (TIGTA) recently released its interim report on the 2019 federal tax filing season. As of March 1, 2019, the Internal Revenue Service (IRS) had received over 59 million tax returns and issued approximately $142 billion in refunds on over 46 million of those returns. A vast majority - 95 percent - of filers e-filed their returns this season.
The IRS recently released its annual report to Congress on the Whistleblower Program, which awarded over $312 million to whistleblowers and collected $1.4 billion in FY 2018. Awards in this period represent 21.7% of total proceeds collected based on whistleblower claims, a significant increase of nearly 4 percentage points as compared to FY 2017. The IRS generally waits at least 8 years before issuing awards to ensure a final determination of proceeds can be made first.
The Treasury Inspector General for Tax Administration (TIGTA) released its final report on the 2018 filing season just before the federal government shutdown. As of May 4, 2018, the Internal Revenue Service (IRS) received over 140 million tax returns, 89% of which were e-filed. The IRS issued over 101 million refunds in 2018, totaling nearly $282 billion.
The Franchise Tax Board (FTB) recently published its updated list of California's top 500 tax debtors, comprising both individuals and businesses that now collectively owe the state more than $505 million in income tax. Since October 2007, this list is updated twice annually. Taxpayers who receive notice of the FTB's intent to include them on the list and then make arrangements to pay their tax debt are removed from the publication.
The Treasury Inspector General for Tax Administration (TIGTA) released a report providing interim results for the 2018 federal tax filing season. As of March 2, 2018, the Internal Revenue Service (IRS) had received approximately 61 million tax returns and issued over 48 million refunds totaling almost $148 billion.
The Internal Revenue Service (IRS) estimates it is holding about $1.1 billion in unclaimed federal income tax refunds for approximately 1 million taxpayers who did not file a 2014 federal tax return. The deadline to file a 2014 return to collect any refund due is this year's tax deadline, Tuesday, April 17, 2018.
The Treasury Inspector General for Tax Administration (TIGTA) recently released its Semiannual Report to Congress for the period April 1, 2017 through September 30, 2017. TIGTA provides oversight for Internal Revenue Service (IRS) activities and Federal tax administration. During the most recent period, TIGTA conducted 61 audits and over 1,400 investigations into issues involving tax fraud, identity theft, and other taxpayer-related issues.