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Friday, March 23, 2012

NEWSWIRE


IRS Didn’t Fully Comply with Improper Payments Law

The Internal Revenue Service is not fully compliant with a federal law requiring the agency to eliminate and report improper payments made to taxpayers, according to a new government report.

IRS May Share Tax Information with Police to Fight Fraud

A surge in tax refund fraud and identity theft has prompted the Internal Revenue Service to consider sharing more tax return information with police, a senior official told a congressional hearing on Tuesday.

IRS Commissioner Shulman Addresses Tax Delays

Internal Revenue Service Commissioner Doug Shulman warned Thursday of a delayed tax season next year unless Congress resolves questions over the alternative minimum tax patch and other tax extender items, and talked about the tax refund delays this tax season.

Rangel Introduces Mortgage Tax Relief Extender Bill

Rep. Charles Rangel, D-N.Y., has introduced a bill aimed at extending tax relief to Americans in danger of losing their homes.


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