Tag: I.R.S
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.
www.nytimes.com [...]
I.R.S. Commissioner Warns Budget Cuts Would Add to Deficit
Daniel Werfel, the Internal Revenue Service commissioner, pushed back against claims from Republicans that he had not been following the law.
www.nyt [...]
I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts
Daniel Werfel will try to persuade skeptical Republicans on Thursday that funding the tax agency is a good investment.
www.nytimes.com [...]
Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion
The Office of the National Taxpayer Advocate lamented that the tax collection agency, which now faces budget cuts in Congress, is still struggling to [...]
I.R.S. Puts Lien on Giuliani’s Palm Beach Condo for $550,000 Tax Debt
The action by federal tax officials is the latest sign of Rudolph W. Giuliani’s growing financial troubles.
www.nytimes.com [...]
I.R.S. Contractor Charged With Leaking Tax Returns
The federal charges are said to involve disclosure of tax information from Donald Trump and other wealthy taxpayers.
www.nytimes.com [...]
I.R.S. Changes Audit Practice That Discriminated Against Black Taxpayers
The Internal Revenue Service is overhauling how it scrutinizes the tax returns of lower-income Americans as part of an effort to reduce enforcement di [...]
Hunter Biden Sues I.R.S., Saying Disclosures by Agents Violated His Privacy
Hunter Biden sued the Internal Revenue Service on Monday, saying that investigators for the agency violated his privacy rights by disclosing details t [...]
I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears
The tax agency is ramping up audits and criminal investigations into unscrupulous promoters of the Employee Retention Credit.
www.nytimes.com [...]
I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships
The Internal Revenue Service has started using artificial intelligence to investigate tax evasion at multibillion-dollar partnerships as it looks for [...]
I.R.S. Says Cash Influx Has Made Agency Bigger and More Digital
One year after the Internal Revenue Service received a huge influx of cash, the agency said it had increased its full-time staff to nearly 90,000, a l [...]
I.R.S. Whistle-Blowers Allege Political Bias in Hunter Biden Investigation
Two veteran I.R.S. investigators leveled harsh criticism on Wednesday against the Justice Department over its handling of the tax case against Hunter [...]
David Weiss Rebuts I.R.S. Official’s Account of Request in Hunter Biden Case
David C. Weiss, the federal prosecutor in Delaware who has led the criminal investigation of Hunter Biden, on Monday rebutted a key element of testimo [...]
Trump Asked About Having the I.R.S. Investigate F.B.I. Officials
John F. Kelly, who served as former President Donald J. Trump’s second White House chief of staff, said in a sworn statement that Mr. Trump had discus [...]
I.R.S. Agent Told Congress of Hunter Biden Invoking His Father in Business Deal
The lead I.R.S. agent investigating whether Hunter Biden committed tax crimes told Congress his team uncovered evidence that Mr. Biden had invoked his [...]