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Abolish The IRS - Sort Of - Then What?
Nelson then released an album titled The IRS Tapes: Who Will Buy My Memories?
Source: https://tasteofcountry.com/remember-when-willie-nelson-settled-tax-bill/
The IRS already requires people to report crypto transactions on their annual returns.
Source: https://www.politico.com/news/2023/06/26/crypto-tax-regulations-00101937
The IRS asked for comments on the proposed rules and input on how it should treat state sales tax refunds — a pool that Colorado’s refunds draw from heavily.
Source: https://www.canoncitydailyrecord.com/2023/08/30/colorado-tabor-rebates-irs-guidance-taxes/
The IRS, besieged by a massive volume of paper tax returns and unopened mail at the height of the COVID-19 pandemic, is dipping into nearly $60 billion in modernization funds to stay ahead of its paper workload.
The IRS can't make its own information go viral.
Source: https://www.forbes.com/sites/taxnotes/2023/07/11/how-fake-news-affects-the-tax-world/
The IRS documents reflect that the case agent performed an extensive investigation of Mr. Taibbi, using publicly available search engines and commercial investigative software such as Anywho, Consumer Affairs, LexisNexis Accruint, and Google.
The IRS expects that taxpayers who use these procedures will comply with reporting requirements going forward, and taxpayers who use these procedures may be subject to a future exam.
Source: https://www.palisadeshudson.com/2023/05/fixing-foreign-filing-errors-with-the-irs/
The IRS had to literally go out and interview Hunters prostitutes to make sure they were prostitutes and not business meetings.
The IRS has lost significant funding and personnel since 2010.
Source: https://www.abqjournal.com/2578475/how-should-the-irs-spend-80-billion-in-new-funds.html
The IRS has received 3.6 million claims for the credit over the course of the program.
The IRS has removed the entire team probing Hunter Biden's tax returns 'in retaliation against a whistleblower who alleged his colleagues were covering-up the president's son's financial crimes.'
The IRS penalty for underpayment of estimated taxes is up sharply this year, with self-employed and freelance workers at the biggest risk of getting hit.
The IRS remains an ageny that often relies on paper forms.
Source: https://www.govexec.com/technology/2023/02/going-paperless-harder-it-seems-agencies/383138/
The IRS said the estate owed close to $1 million after it found that St. Louis-based Crown C Corp., a building materials business, did not report life insurance proceeds after Michael Connelly died in 2013.
The IRS says it believes that as of Sept. 30, its tax adjustments are correct and will elevate the issue to judicial proceedings, if necessary.
Source: https://gizmodo.com/microsoft-may-owe-28-9-billion-in-back-taxes-to-the-ir-1850921247
The IRS this year is doing a much better job of responding to calls from preparers and filers.
The IRS to the House Ways and Means Committee that Hunter Biden’s alleged tax crimes in the 2014-15 tax years were tied to income he received from Ukrainian energy firm Burisma Holdings.
Source: https://dailycaller.com/2023/12/26/doj-prevent-lesley-wolf-david-weiss-authority-hunter-biden/
The IRS wants to phase out most IRL tax documents by 2025engadget.