IRS

Revenue Procedure 2016-33, posted on IRS.gov, along with temporary and proposed regulations published last month in the Federal Register, carries out legislation enacted in late 2014 requiring the IRS to establish a voluntary certification program for ...

CPAs, EAs and other tax professionals can register online for the 2016 IRS Nationwide Tax Forums for an opportunity to earn up to 19 continuing professional education credits at any of the five forums held throughout the country beginning this July.

The National Society of Accountants says that major changes to the technology and infrastructure the IRS uses is necessary to provide effective and responsible service.

Controversy is also expected to increase due to international regulatory initiatives that demand country-by-country reporting. Countries adopting the OECD Base Erosion and Profit Shifting recommendations are not likely to be consistent.

The Internal Revenue Service has released temporary and proposed regulations implementing a new voluntary certification program for professional employer organizations (PEOs).

Estimating the gap requires a “major statistical effort,” according to the IRS, so the gap is only estimated every few years. The last full update reported showed that the compliance rate for tax year 2006 was basically unchanged from the report on ...

Congress may have more to say about how the IRS “runs its business” in upcoming years. Four new bills marked up and passed on April 13 by the Ways and Means Committee, the tax-law writing body of the House, would dictate IRS certain practices, if enacted.

The TAP provides a forum for taxpayers to raise concerns about IRS service and offer suggestions for improvement. The TAP reports annually to the Secretary of the Treasury, the IRS Commissioner and the National Taxpayer Advocate.