The Internal Revenue Service (IRS) said in its recently released strategic plan that while it’s planning to get tough on wealthier tax dodgers, it would adjust enforcement efforts for ordinary filers to rely more on “soft notices” rather than tax audits. The IRS on Thursday released its 150-page plan (pdf) for how it will use…
IRS Announces a ‘Soft Notice’ Approach Instead of Hitting Americans With Tax Audits
IRS Issues Last-Minute Warning: Some Claims and Forms Could Get You Audited
The Internal Revenue Service (IRS) issued a renewed, last-minute warning to taxpayers that certain claims on their taxes could get them audited, with just over a week to go before tax-filing day. The agency said in an April 5 release that it completed its so-called “Dirty Dozen” list and issued a notice to taxpayers to…
IRS Report Fails to Provide Key Details, Republican Lawmakers Say
April 7, 2023
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biden administrationDanny WerfeleconomyInflation Reduction Act of 2022IRSJason SmithJohn ThuneNational Taxpayers Union FoundationPolicies & ImpactsRep. Bill PascrellRichard Nealtax policyTreasury Secretary Janet YellenUSUS NewsWays and Means Committee
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House Ways and Means Committee Chairman Jason Smith (R-Mo.) has criticized the IRS for failing to provide essential information in its much-anticipated report released on April 6. The tax agency unveiled its strategic operating plan in the report, disclosing how it plans to use the $80 billion in new funding provided by the Democrats’ Inflation…
IRS Chief Reveals Hiring Plan for Armed Agents
IRS Commissioner Daniel Werfel on Thursday provided details about plans to hire armed agents in the agency’s criminal investigations division, amid Republican concerns about a proliferation of gun-toting tax enforcers. Werfel said in a call with reporters that the share of staff working in the IRS Criminal Investigation (IRS-CI) unit would not climb above the…
IRS Report Announces Major Changes on Who It Is Targeting for Audits
The Internal Revenue Service (IRS) is planning to spend tens of billions of dollars to audit wealthy taxpayers and corporations, according to the agency’s strategic operating plan released Thursday. “People who get W-2s or Social Security payments or have a small business should not be worried about a sudden new wave of IRS audits,” IRS…
IRS Report Announces Major Changes on Who It Targets for Audits
The IRS is planning to spend tens of billions of dollars to audit wealthy taxpayers and corporations, according to the agency’s strategic operating plan released on April 6. “People who get W-2s or Social Security payments or have a small business should not be worried about a sudden new wave of IRS audits,” IRS Commissioner…
Warning Issued About Malware Scam Targeting Taxpayers With Deceptive IRS Forms
A top antivirus software purveyor issued a warning about a scam targeting taxpayers with false Internal Revenue Service (IRS) forms that lure people into downloading malware. MalwareBytes, in a release, said it “found an email being sent out with the title of ‘IRS Tax Forms W-9’ which appears to have been sent from ‘IRS Online…
IRS Says Major Changes Are Coming to Electric Vehicle Tax Credits Next Month
The Internal Revenue Service (IRS) announced Friday that it would propose rules that would make it more difficult for a number of new electric vehicles (EVs) to qualify for tax breaks, according to a news release. Starting April 18, the IRS will enforce a domestic sourcing requirement for minerals and components used in EV batteries,…
The Ominous Message Behind the Taxman’s Visit to Journalist Matt Taibbi’s Home
March 31, 2023
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IRSMatt TaibbiOpinionSelect Subcommittee on the Weaponization of the Federal Governmenttwitter filesViewpoints
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Commentary When the IRS targeted Tea Party groups during the Obama years, and no one paid a serious price for it, it was both a harbinger of and contributor to the more pervasive and extreme weaponization of the federal government against dissenters from its orthodoxy that was to come. Today, a decade after IRS officials…
White House Quiet on IRS Agent’s Visit to Home of ‘Twitter Files’ Journalist Matt Taibbi
March 30, 2023
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Big Tech, Censorship, and Socialismcongressconstitutional rightsExecutive BranchFeatured TopicsIRSJanet YellenJim JordanMatt TaibbiPoliticsUS
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The White House on Wednesday remained silent when asked whether a visit by an IRS agent to “Twitter Files” journalist Matt Taibbi’s home on the day he was testifying in Congress on government abuse of power was politically motivated. Taibbi, who’s been a journalist for decades, was one of several reporters to be granted exclusive…
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