GAO Recommends Easing Tax Compliance Requirements for Nonresident Aliens

The federal government could get a better hold on tax compliance for nonresident aliens working in the United States by easing some of its requirements, raising the exemption threshold on U.S.-earned income…

IRS International Enforcement Extends to Many Cases Where No Tax Due, Practitioner Cautions

Taxpayers should be aware that the Internal Revenue Service’s intense focus on international tax compliance applies in many cases where tax is not due, a Sullivan & Worcester practitioner said April 28…

IRS Corporate Audits Declining, Research Group Says; Agency Disagrees with Analysis

The Internal Revenue Service’s audit efforts aimed at the nation’s largest corporate taxpayers have declined since 2005 and are now “at an all-time low,” according to…

Obama Requests $12.6 Billion for IRS to Implement Strategic Programs in 2011

The Obama administration Feb. 1 released its fiscal year 2011 budget requests, asking for more than $12.6 billion for the Internal Revenue Service to…

Treasury predicts major regulatory effort to implement anti-tax haven measure

Treasury Department officials said Dec. 10 that if the anti-tax haven Foreign Tax Compliance Act (H.R. 3933, S. 1934) is enacted, the government stands ready for a major regulatory effort to put it in place…

IRS Voluntary Disclosure Program Poses Threat To Foreign Banks

It is a tried-and-true prosecutorial strategy that makes up in effectiveness what it lacks in subtlety—prosecute a lesser party to a criminal matter and induce his or her cooperation against the major players by threatening a lengthy prison sentence if he or she does not cooperate and leniency if he or she does.