Taxpayer Advocate Wants Bigger Role in IRS Reform

The Taxpayer Advocate Service told Congress this week that the office has been excluded from IRS efforts to carry out reforms mandated by the Taxpayer First Act, which was enacted last year. The law includes a number of far-reaching reforms of the IRS aimed at improving customer service, modernizing the agency’s information technology and strengthening… Read more »

IRS Asked to Issue Guidance on UBIT Refunds

Ways and Means Democrats this week called on the Internal Revenue Service (IRS) to issue guidance for tax-exempt organizations on how they can claim refunds for taxes paid on parking and transportation benefits they provide to employees. The 2017 tax law required associations and other nonprofit groups to pay a 21% unrelated business income tax… Read more »

IRS Focused on Implementing Reforms

The Internal Revenue Service’s (IRS) main focus in 2020 will be implementing the Taxpayer First Act, which includes a number of far-reaching reforms of the IRS aimed at improving customer service, modernizing the agency’s information technology and strengthening taxpayers’ recourses in enforcement cases. The law requires the agency to create an independent Office of Appeals… Read more »

Category: IRS

GAO Concerned About Tax-Exempt Schemes

Internal control weaknesses are keeping the IRS from investigating abusive tax schemes involving tax-exempt entities, according to a report this week from the Government Accountability Office (GAO). GAO found that audits of potentially abusive schemes involving charities and other tax-exempt organizations declined by nearly 99 percent in the 10-year period between fiscal 2008 and 2017…. Read more »

Category: IRS

IRS Issues Priority Guidance Plan for 2019-2020

The IRS will continue to focus on implementing the 2017 tax law and the Taxpayer First Act, according to its priority guidance plan for 2019-2020 released this week. The priority guidance plan identifies and prioritizes tax issues that should be addressed through regulations, revenue procedures, notices and other published guidance. The guidance plan includes a… Read more »