IRS

IRS

01.04.2024

IRS Seeks Outside Help with Identifying Errors During Filing

The IRS is searching for contractors to support its plans to catch errors on tax returns when they are initially filed to avoid the need to fix them later — potentially with help from artificial intelligence.

IRS

12.20.2023

IRS to Wipe Clean $1 Billion in Penalties as Collection Resumes

Nearly two years after the IRS hit pause on issuing automated collection reminder notices, the agency has set a date to begin resuming that work and coupled it with a clean slate for millions of affected taxpayers.

IRS

12.13.2023

IRS Shuffles Leadership Roles in Revamp With Fresh Funds

The IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations.

IRS

12.13.2023

IRS restructures leadership

The Internal Revenue Service has reorganized its leadership structure at the top, with a single deputy IRS commissioner instead of two, and four chief executives

IRS

12.08.2023

IRS rejects claims from 20,000 taxpayers for lucrative small business tax credit

The IRS is taking action against small businesses that improperly filed returns claiming a lucrative pandemic-era tax credit.

Artificial Intelligence IRS

09.12.2023

IRS plan to use AI may affect wealthy taxpayers. Here’s how

The IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations.

Artificial Intelligence IRS

09.11.2023

IRS use of AI in tax audits could be a game changer, but with pitfalls

The Internal Revenue Service plans to leverage artificial intelligence to identify patterns of noncompliance in large partnerships, while also ramping up its examinations of high-income taxpayers and big corporations.

IRS

08.02.2023

IRS unveils ‘paperless processing initiative’ for taxpayers. Here’s what to expect

The IRS has unveiled plans to offer digital correspondence for the 2024 tax season, building on the agency’s decade-long overhaul of improved service, technology and compliance.

IRS

04.29.2023

The Biden tax proposals that could hit baby boomer, family businesses

President Joe Biden’s 2024 budget proposals contain several proposals that could hit small businesses right where it hurts — their wallets.

IRS

04.07.2023

The IRS wants more people working in tax enforcement. Now it has to find them

The IRS is planning how it will use the $80 billion allocated to the agency under the Inflation Reduction Act — and how it will successfully recruit new employees