Latest From the Blog
A Look Back at 2012 and a Preview of 2013 Tax Tip of the Week | No. 199
In 2012, a $305 million IRS budget reduction resulted in $5 billion less in enforcement revenue.
Taxpayers Don't Comply With Reporting Requirements for Noncash Charitable Contributions | Tax Tip of the Week | No. 191
About 60% of taxpayers who claim large-dollar noncash charitable contributions on their returns may not be complying with Federal reporting requirements, according to a new report by the Treasury Inspector General for Tax Administration (TIGTA).
What You May Not Know | Tax Tip of the Week | No. 171
Approximately 1.45 million taxpayers who qualified for relief from tax penalties totaling close to $181 million never heard from the Internal Revenue Service that they were entitled to it and never received it, according to a new government report.