Tag Archives: Commissioner

National Taxpayer Advocate’s Annual Report

National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Tax Reform, IRS Funding and Identity Theft IR-2013-3, Jan. 9, 2013 WASHINGTON — National Taxpayer Advocate Nina E. Olson today released her 2012 annual report to Congress, identifying the need for tax reform as the overriding priority in tax administration. The Advocate also expressed concern […]

Ask TaxMama Issue 666 – Happy Chanukah

There’s a party at the IRS today. Yup, they have parties, too. Ted Meyer, currently a territory manager in Los Angeles is retiring after over 3 decades of service. Although I am sure we’re all happy for him, I have to admit that I am sad to see him, and so many other veteran IRS […]

IRPAC Issues Annual Report for 2012

Courtesy of the Internal Revenue Service WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today released its 2012 Report, which includes recommendations pertaining to a number of information reporting issues such as cost basis reporting for debt and options, the new Form 1099-K, the Foreign Account Tax Compliance Act, information return corrections and other […]

IRS Announces 2013 Pension Plan Limitations

Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2013.  In general, many of the pension plan limitations will change for 2013 because the increase in the cost-of-living index met the statutory thresholds […]

Penny Wise Pound Foolish

Today TaxMama® hears from Kyong in the TaxQuips Forum with a sad question. “Nov 15, 2011 was the last day to file a tax court petition. The Tax Court petition was filed using Fedex Saver, which is not one of the designated private delivery services listed under IRC sec. 7502. I have a proof of […]

Excessive Disclosure

Today TaxMama® wants to address some political craziness. This year’s presidential campaign is getting out of hand. On the Senate floor, Senate Majority Leader Harry Reid (D-NV)  recently stated that a “reliable source” has revealed that Romney hasn’t paid federal income taxes in the past ten years. Kelly Phillips Erb, (otherwise known as TaxGirl) writes […]

Follow Instructions

Today TaxMama® hears from Michele in the TaxQuips Forum who makes extra work for herself. “I had to jump over high hurdles on a single bound, tall buildings with a single leap, etc. but still unable to find/get the “Crazy Cat Lady” case referred in the Tuesday, June 6, 2012 email, when you answered a […]

IRS Announces 43 Small Offices to Close, Others to be Consolidated

…Agency Sheds More than One Million Square Feet of Office Space Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today announced a sweeping office space and rent reduction initiative that over the next 2 years will close 43 smaller offices and reduce space in many larger facilities. These measures will save […]

IRS Announces More Flexible Offer-in-Compromise Terms

…to Help a Greater Number of Struggling Taxpayers Make a Fresh Start Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today announced another expansion of its “Fresh Start” initiative by offering more flexible terms to its Offer in Compromise (OIC) program that will enable some of the most financially distressed taxpayers […]

IRS Offers New Penalty Relief and Expanded Installment Agreements

Courtesy of the IRS IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative WASHINGTON — The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making Installment Agreements available […]