IRS Examination Guide
Guide:
...in Office & Field Federal Income Tax Examinations. Although portions may be applicable, this is not specifically intended for use in examinations of partnerships subject to the ?? 6221 - 6233 Consolidated Audit Procedures
Published on August 07, 2012
_IRS EXAMINATION GUIDE
Guide:
...in Office & Field Federal Income Tax Examinations. Although portions may be applicable, this is not specifically intended for use in examinations of partnerships subject to the ?? 6221 - 6233 Consolidated Audit Procedures
Published on March 05, 2013
Updated Forms, Procedures Issued for Plan Sponsors in IRSs Voluntary Correction Program
News:
The IRS announced that it was issuing updated procedures and forms for sponsors of retirement plans
Published on January 25, 2013
Automatic Procedures for Changing Accounting Methods Updated, Expanded
News:
The IRS released updated procedures under which taxpayers can receive automatic consent to change their accounting methods
Published on January 28, 2011
Correspondence Audits Need Some Work, Tax Community Tells IRS
News:
Correspondence audits were the subject of a public hearing by the IRS Oversight Board
Published on February 29, 2012
IRS Updates Guidance on Adequate Disclosure of Positions
News:
The IRS has released updated guidance identifying when a taxpayer’s disclosure of an item or position in an income tax return is adequate for purposes of reducing the understatement of tax penalty and the tax return preparer penalty for understatement due to unreasonable positions.
Published on January 28, 2011
Annual Update on Adequate Disclosure of Return Positions Issued
News:
The IRS released updated guidance identifying when a taxpayer’s disclosure of an item or position in an income tax return is adequate for purposes of reducing the understatement of tax penalty and the tax return preparer penalty for understatement due to unreasonable positions.
Published on January 20, 2012
Rev. Proc. Updates Guidance on Adequate Disclosure of Return Positions
News:
The IRS released its annual update identifying when a taxpayer’s disclosure of an item or position in an income tax return is adequate for purposes of reducing the understatement of tax penalty and the tax return preparer penalty for understatement due to unreasonable positions.
Published on November 27, 2012
TIGTA Recommends Improvements to IRS Cybersecurity System
News:
TIGTA reports that the IRS’s computer security response center is performing effectively, but further improvement is needed.
Published on April 05, 2012
April 13, 2012 Tax E-alert Top News, Foreign Filing & Disclosure Issues, State & Local Tax, Tax Section Volunteer Opport...
Newsletter:
...contains information regarding: Form 8949, New CCE Practitioners Priority Service, Form 8938, FBAR, Form 3115, GAO Briefing Regarding Reporting Foreign Accounts to IRS, Checklist for Forms 3520 and 3520A, Audit Guide for form 1120 IC-DISC, States Continue to Attempt to Expan Nexus Definition and Federal Court Declares Colorado
Published on April 16, 2012
TIGTA Revise Form 1099-R to Improve Taxpayer Compliance
News:
TIGTA recommended the IRS change its Form 1099-R to improve taxpayer compliance with reporting and paying tax on retirement income
Published on February 08, 2012
IRS Targets 1040 Schedules, Procedures in Preparer Compliance Visits
News:
...round of office visits involving tax preparer compliance, the IRS is targeting practitioners who prepare a high percentage of returns with certain Form 1040 schedules and is checking preparers’ procedures and recordkeeping
Published on April 17, 2013
Taxpayer Advocate Service Changes Criteria for Accepting Cases
News:
The Taxpayer Advocate Service changed its criteria for accepting individual taxpayer cases for assistance.
Published on September 04, 2012
Accounting Software
Overview:
Small businesses frequently use accounting software to maintain proper records as required by the IRS. If they are audited, they may have to turn over electronic files to the IRS that are not relevant to the request and may contain confidential data.
Published on April 23, 2013
TIGTA IRS Pays Millions in Unnecessary Interest on NOL Carrybacks
News:
TIGTA found that IRS delays in processing NOL carrybacks result in the IRS’s paying millions of dollars in interest unnecessarily
Published on October 16, 2012