Tag Archives: Internal Revenue Service

2012 Taxpayer Relief Act & Tax Outlook for 2013

View in PDF:  Tax News & Comment — February 2013 2012 Taxpayer Relief Act & Tax Outlook for 2013 I.  Overview of Act On January 2, President Obama signed the American Taxpayer Relief Act of 2012 (the Act) into law, … Continue reading

Posted in From Washington, News, Tax News & Comment | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

From The IRS — Recent Developments, August, 2011

VIEW IN PDF:  Tax News & Comment — August 2011 Approximately one million U.S. taxpayers have at least one financial account located in a foreign country. Many have not reported their offshore accounts to the IRS, a violation with possible … Continue reading

Posted in IRS Matters, IRS Rulings & Regulations, Tax Decisions, Tax News & Comment | Tagged , , , , , | Leave a comment

I.R.S. Says Its Audits of Wealthy Are Rising

The Internal Revenue Service is intensifying its scrutiny of wealthy Americans. The federal agency increased its audits of taxpayers who earned $1 million to $5 million by 33 percent last year compared with 2008, new I.R.S. figures show. The numbers, … Continue reading

Posted in News | Tagged , , | Leave a comment