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Monthly Archives: January 2012
IRS to Host Second Real-Time Tax System Meeting
WASHINGTON –– The Internal Revenue Service will host the second in a series of public meetings Wednesday, Jan. 25 to gather feedback on how to implement long-term changes to the tax system to reduce burden for taxpayers. IRS Commissioner Doug … Continue reading
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IRS Announces Five New Members for Information Reporting Program Advisory Committee
WASHINGTON — The Internal Revenue Service today announced the selection of five new members for the Information Reporting Program Advisory Committee (IRPAC). The new appointees will join 17 returning members who are in the second or third year of their … Continue reading
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IRS e-file Launches Today; Most Taxpayers Can File Immediately
WASHINGTON — The Internal Revenue Service opened the 2012 electronic tax return filing season today with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns. IRS e-file has surpassed the … Continue reading
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IRS Releases New Tax Gap Estimates; Compliance Rates Remain Statistically Unchanged From Previous Study
WASHINGTON — The Internal Revenue Service today released a new set of tax gap estimates for tax year 2006. The tax gap is defined as the amount of tax liability faced by taxpayers that is not paid on time. The … Continue reading
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More Innocent Spouses Qualify for Relief Under New IRS Guidelines
WASHINGTON — The Internal Revenue Service today released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability. A Notice proposing a new revenue procedure, posted today on IRS.gov, revises the threshold … Continue reading
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