The service is making progress on a number of fronts, according to NCCPAP’s Stephen Mankowski.
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IRS Watch
October 21, 2020
Upcoming Events October 21, 2020
The IRS is revving up
By Roger Russell      3 min read
The service is making progress on a number of fronts, according to NCCPAP’s Stephen Mankowski.
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QR codes added to IRS balance-due notices
By Jeff Stimpson     2 min read
The technology is aimed at helping taxpayers navigate the agency’s website.
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Tax burden equal to 70% rate crushes Americans unable to pay
By Steve Matthews     4 min read
Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say.
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Billionaire Robert Smith to pay $140M over tax probe
By David Voreacos, Neil Weinberg and Gillian Tan     2 min read
Smith will acknowledge wrongdoing to end a four-year U.S. tax investigation involving assets held in offshore tax havens.
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Crowe and BKD release year-end tax-planning guides amid coronavirus and election
By Michael Cohn     2 min read
Accounting firms Crowe LLP and BKD LLP released year-end tax-planning guides Wednesday, during a time of great uncertainty over future tax changes in the midst of the novel coronavirus pandemic and the upcoming election.
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Tax Fraud Blotter: Rough waters
By Jeff Stimpson     5 min read
Three defaults and you’re out; scheme of several years; misstep by misstep; and other highlights of recent tax cases.
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Houston tech mogul indicted for ‘largest-ever tax charge’
By David Voreacos and Neil Weinberg     3 min read
Robert T. Brockman, a Houston software tycoon, was charged with using a web of Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.
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IRS sets end date for faxing refund claim forms amid coronavirus
By Michael Cohn     3 min read
The Internal Revenue Service is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds.
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