IRS blames old tech in destruction of information returns
The IRS responds to a report by the Treasury Inspector General for Tax Administration that pointed to the March 2021 incident as one example demonstrating a need for the Service to increase e-filing options.
IRS audit rates decreased most for wealthy, GAO finds
In a study, the U.S. Government Accountability Office finds that the IRS’s individual tax audit rates decreased by 72% during 2010—2019, by a greater percentage for higher-income taxpayers than for lower-income ones.
Staffing shortages, backlog hampered IRS in 2022 filing season, TIGTA says
The Treasury Inspector General for Tax Administration issues a preliminary assessment of the IRS’s performance during the period for income tax filings.
Inflation boosts HSA amounts for 2023
Health savings account maximum contributions, along with minimum deductibles and maximum out-of-pocket expenses of accompanying high-deductible health plans, will be higher next year.
Helping build a better tax system (podcast)
A CPA describes his journey from a small practice to advising the IRS and Congress on issues of tax policy and administration.
