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IRS Prosecutions and Convictions Jumped 15%+ in 2013

The IRS’s Criminal Investigation unit is tasked with enforcement of US tax laws and they support tax administration as well. Even with less Criminal Investigation (CI) Special Agents, and less professional staff, the amount of criminal investigations, prosecutions, and convictio
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ACA’s Premium Tax Credit and Potential New Tax Forms

The Treasury Inspector General for Tax Administration completed an audit last year in order to assess how well the IRS is providing taxpayers with the tools and information they need to obtain minimum essential coverage (MEC) and the Premium Tax Credit (PTC). This audit was crucial, s
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IRS Begins 2014 With OIC and Installment Agreement Changes

The Internal Revenue Service kicked of 2014 with many changes. This includes minor changes to the Offer In Compromise program (OIC), which is one way taxpayers can settle tax liabilities for less. The IRS also made minor changes to the fees charged for processing installment agreement
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IRS Wants 10-Year Statute for ISR Equitable Relief Tax Requests

The IRS last week came forth with a proposal for regulation [Reg 132251-11] to extend the deadline for Innocent Spouse Relief, in regards to equitable relief requests,  from 2 years to 10 years from the first collection activity. It also intends to stop collection activities for equit
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