Stories that are tagged 'Internal Revenue Service (IRS)'

	IRS Non-Resident Reporting Rule Questioned Again 5/16/2012 The Treasury Department’s failure to provide sufficient answers about Internal Revenue Service regulations requiring United States banks to disclose interest paid to non-resident aliens has prompted the House of Representatives’ Ways and Means Oversight Subcommittee Chairman Charles Boustany to request additional information.
	IRS Whistleblower Programme Still Needs Improvement 5/14/2012 The whistleblower programme operated by the United States Internal Revenue Service has still not fully and adequately addressed internal problems that were identified several years ago, according to a report issued by the Treasury Inspector General for Tax Administration.
	IRS Reviews Tax-Exempt Status Revocations 5/7/2012 Following a request from the United States Internal Revenue Service, the Treasury Inspector General for Tax Administration reviewed its Exempt Organizations function’s implementation of the provisions of the Pension Protection Act of 2006 related to the automatic revocation of an organization’s tax-exempt status.
	IRS Accepting Applications For Taxpayer Clinic Grants 5/4/2012 After the recent disclosure that applications could be made for the Tax Counselling for the Elderly and Volunteer Income Tax Assistance grant programmes, the United States Internal Revenue Service has now also announced the opening of the 2013 Low Income Taxpayer Clinic grant application process.
	IRS Seeks Applications For Tax Assistance Grants 5/3/2012 The United States Internal Revenue Service is now accepting applications for the Tax Counselling for the Elderly and Volunteer Income Tax Assistance grant programmes, which will allow some organizations to apply for annual funding for up to three years.
	Ireland, US In Talks Over FATCA 5/1/2012 Ireland and the United States are in talks to establish a common approach to the Foreign Account Tax Compliance Act, drawing on domestic and international tax legislation and treaties.
	Supreme Court Limits IRS In Tax Shelter Challenge 4/30/2012 The United States Supreme Court has rejected an attempt by the Internal Revenue Service to use a longer six-year cut-off period under the statute of limitations, rather than the usual three years, for its assessment of ‘Son of Boss’ tax shelter schemes.
	IRS Consults On Public Sector Retirement Age Rules 4/23/2012 It has been announced that the United States Internal Revenue Service and the Treasury Department anticipate issuing guidance relating to the applicability of the normal retirement age rules to governmental plans.
	IRS Issues Final Non-Resident Reporting Rule 4/18/2012 The Treasury Department has issued the final regulations on the reporting to the Internal Revenue Service of interest paid to non-residents by United States banks from January 1, 2013.
	IRS Has Backlog In Offers Of Compromise 4/16/2012 The Treasury Inspector General for Tax Administration has found that efforts by the United States Internal Revenue Service to promote the Offer in Compromise programme has increased the number of requested offers by 28% between 2007 and last year, but, at the same time, has created a backlog and delayed responses to taxpayers.
	Road Crash Deaths Increase On US Tax Filing Day 4/13/2012 A study, included in the current edition of the Journal of the American Medical Association, has found that road crash fatalities in the United States increase on the income tax deadline day laid down by the Internal Revenue Service.
	IRS Reminds Taxpayers Of College Tax Benefits 4/13/2012 The United States Internal Revenue Service has reminded parents and students, looking to meet this year’s April 17 filing deadline, to check out several college-related tax benefits before filing their 2011 tax returns.
	AICPA Reinforces IRS Tips for Last Minute US Tax Filers 4/11/2012 As the deadline for filing 2011 individual income tax returns approaches, the American Institute of Certified Public Accountants has provided a list of tips to help taxpayers with any last-minute uncertainties, while the United States Internal Revenue Service has explained the means by which tax payments can be made or delayed.
	IRS Advises Late Filers 4/6/2012 The United States Internal Revenue Service has reminded taxpayers that solutions are available if they are unable to file their returns on time, and that they can even request relief online.
	IRS Reorganizes Advance Pricing Procedures 3/29/2012 The United States Internal Revenue Service has announced organizational and administrative changes and transitional procedures in connection with the creation of the Advance Pricing and Mutual Agreement programme.
	US Tax-Exempt Groups Open To More Scrutiny 3/20/2012 The United States Internal Revenue Service has launched a new online search tool, Exempt Organizations Select Check, to help users more easily find key information about tax-exempt organizations, such as federal tax status and filings.
	GOP Further Pressures IRS On Donation Investigations 3/19/2012 Twelve Republican Senators have written to the United States Internal Revenue Service further questioning the recent selective enforcement on tax-exempt organizations, and urging that it prevents politics from playing a role in any action it takes.
	IRS Offers New Payment Relief Under Expanded Fresh Start Initiative 3/9/2012 The United States Internal Revenue Service has 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 instalment agreements available to more people.
	GOP Pressurizes IRS On Donations Probes 3/7/2012 While the United States Internal Revenue Service has said that it will take no further its investigation into political donations to non-profit organizations, including local Tea Party groups, the Republican Party is continuing to insist that the agency should provide full information about what prompted the audit in the first place.
	IRS Homebuyer Credit Oversight Criticised Again 3/5/2012 According to a report by the Treasury Inspector General for Tax Administration, the United States Internal Revenue Service has disallowed nearly USD1.6bn in erroneous First-Time Homebuyer Credits, but could have identified even more.
	Calls To Improve IRS Correspondence Audits 3/2/2012 A number of concerns were raised at a United States Internal Revenue Service Oversight Board public forum that asked for feedback on how correspondence audits could be made more effective for the agency, but also less burdensome for taxpayers.
	IRS Has USD1bn In Unclaimed Refunds 2/27/2012 The United States Internal Revenue Service has announced that refunds totalling more than USD1bn may be waiting for one million people who did not file a federal income tax return for 2008.
	Jersey Reviewing FATCA Impact 2/17/2012 The Jersey government has published an initial response to the release of further details by the US tax authority and Treasury on the US Foreign Account Tax Compliance Act, which will impact Jersey's financial services industry.
	IRS Underlines Independence Of Appeals Office 2/17/2012 The United States Internal Revenue Service has updated the existing rules on permissible communications between its other offices and the Office of Appeals, aimed at ensuring that the latter remains an independent and flexible vehicle for taxpayers in settling audit and collection-related disputes.
	IRS Proposes Budget Based On Achieving Tax Compliance 2/16/2012 The requested budget for the Internal Revenue Service, in the fiscal year beginning October 1, 2013, is around USD12.8bn, and is designed to provide the resources necessary to administer and enforce, and implement recent changes to, the United States tax code, and to serve the American taxpayer in a timely manner.
	US Tax Preparers Face New Education Requirements 2/14/2012 The United States Internal Revenue Service has reminded certain tax return preparers that they must complete 15 hours of continuing education annually beginning in 2012 and the programs must be taken from IRS-approved providers.
	Financial Sector Concerns Persist Despite US FATCA Relaxations 2/13/2012 Despite an attempt to reduce the administrative burden imposed on them within the newly-announced draft regulations for implementing the United States Foreign Account Tax Compliance Act, foreign financial institutions remain concerned at the costs they will still have to bear, and at the uncertainties that still remain.
	IRS Gives Guidance On Veterans Tax Credit 2/13/2012 The United States Internal Revenue Service has released the guidance and forms that employers can use to claim the newly-expanded tax credit for hiring veterans.
	US To Cooperate With EU Countries On FATCA 2/10/2012 The United States Treasury Department and the Internal Revenue Service have issued proposed regulations for the next major phase of implementing the Foreign Account Tax Compliance Act, which also includes a joint statement with France, Germany, Italy, Spain and the United Kingdom on a possible government-to-government framework for information exchange.
	IRS Has New Online Tool For Lower-Paid Taxpayers 2/8/2012 As part of its effort to improve service to taxpayers, the United States Internal Revenue Service has announced the availability of a new online tool to help taxpayers to find more easily a location for volunteer tax preparation assistance.
	IRS Upbraided Over Restitution Payments 2/7/2012 The United States Internal Revenue Service does not have effective internal controls to ensure defendants convicted of tax-related crimes comply with conditions imposing probation and requiring restitution, according to a report released by the Treasury Inspector General for Tax Administration.
	IRS Discloses Identity Fraud Crackdown 2/2/2012 The United States Internal Revenue Service and Justice Department have announced the results of a national sweep cracking down on suspected identity theft perpetrators, as part of a stepped-up effort against refund fraud and identity theft.
	US Treasury Aims To Lower FATCA Burdens 1/30/2012 During her remarks at the New York State Bar Association Annual Meeting, Acting Assistant Secretary for Tax Policy, Emily McMahon, indicated that regulations for the implementation of the provisions of the Foreign Account Tax Compliance Act are in the final stages of clearance at the United States Treasury and the Internal Revenue Service.
	IRS Kicks Off E-Filing Tax Return Season 1/19/2012 The United States Internal Revenue Service opened the 2012 electronic tax return filing season on January 17 with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns.
	IRS Creaking At The Seams, Says Report 1/13/2012 United States National Taxpayer Advocate Nina E. Olson has released her annual report to Congress, identifying the combination of the IRS’s expanding workload and declining resources as the most serious problem facing taxpayers.
	IRS Releases New Tax Gap Estimates 1/9/2012 The United States Internal Revenue Service has released a new set of tax gap estimates for the 2006 tax year, the first full update of the report in five years.
	Guidelines Issued In US On Innocent Spouse Relief 1/8/2012 The United States Internal Revenue Service has released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability.
	IRS Extends 2012 Tax Season 1/6/2012 The United States Internal Revenue Service has opened the 2012 tax filing season by announcing that taxpayers have until April 17 to file their tax returns.
	IRS Reduces Costs, But Increases Taxpayer Burden 12/26/2011 According to a new report by the Treasury Inspector General for Tax Administration, the United States Internal Revenue Service had saved some USD14.2m by reducing the mailing of 2010 tax return packages, but had also increased the burden on about 6m individual taxpayers who, subsequently, had to obtain tax forms.
	US 'Near To Deal' With Swiss Banks 12/22/2011 Eleven Swiss banks are reportedly being offered a deal by the United States government, under which they would not be prosecuted if they were to disclose full details of their offshore business with US taxpayers.
	IRS Tightens Tax Credit Regulations 12/22/2011 The United States Internal Revenue Service has issued final regulations requiring paid tax return preparers to file a due diligence checklist with any federal return claiming the Earned Income Tax Credit.
	IRS Pushes Tax Credits For Retirement Accounts 12/20/2011 The United States Internal Revenue Service is encouraging low- and moderate-income workers to take steps to save for retirement and earn a special tax credit in 2011 and the years ahead.
	IRS Promises Guidance On Foreign Financial Asset Reporting 12/19/2011 The United States Internal Revenue Service has disclosed that it will shortly release a new information reporting form that taxpayers will use to report specified foreign financial assets to comply with the provisions of the Foreign Account Tax Compliance Act.
	IRS Clarifies FBAR For US Citizens Abroad 12/12/2011 Following the recent disclosure by the American Embassy in Ottawa that an easing of reporting rules would shortly be announced for United States citizens living in Canada, the Internal Revenue Service has issued a fact sheet summarizing information about federal income tax returns and Foreign Bank Account Report filing requirements, and the potential penalties.
	IRS Told To Improve Its Auditing Of Small Corporations 12/8/2011 The United States Internal Revenue Service should continue to improve the quality of its audits of small corporations, according to a report released by the Treasury Inspector General for Tax Administration.
	IRS To Ease FBAR Rules For Americans In Canada 12/6/2011 It has been disclosed by the American Embassy in Ottawa that the United States Internal Revenue Service will shortly announce an easing of its foreign account reporting rules for US citizens living in Canada.
	IRS Seeks to Return Undelivered Refunds 12/2/2011 In an annual reminder to taxpayers, the United States Internal Revenue Service has announced that it is looking to return USD153.3m in undelivered tax refund cheques.
	IRS Moves To Next Phase Of Return Preparer Initiative 11/28/2011 The United States Internal Revenue Service has disclosed that is moving into the next phase of its effort to improve the tax preparation industry by launching the new Registered Tax Return Preparer competency test.
	NetJets Sues IRS Over Ticket Tax Assessments 11/22/2011 Four subsidiaries in the NetJets group - NetJets Large Aircraft, NetJets International, NetJets Aviation and Executive Jet Management – have introduced an action in the Ohio Southern District Court, Columbus Office, to retrieve almost USD643m in back taxes from the Internal Revenue Service.
	IRS Chief Looks For Tax Simplicity 11/18/2011 In his remarks to the Harvey Kennedy School in Cambridge, Massachusetts, the United States Inland Revenue Service Commissioner Douglas H. Shulman said that one of the greatest impediments to effective tax policy implementation is complexity, and that, above all, most taxpayers want tax code simplicity.
	IRS Handling Of Private Debt Collection Criticized 11/14/2011 The United States Internal Revenue Service has not taken collection actions on 47% of a statistical sample of past-due tax cases that were returned when the Private Debt Collection programme ended in 2009, according to a report released by the Treasury Inspector General for Tax Administration (TIGTA).
	IRS Needs To Improve Non-Resident Withholding 11/8/2011 An Internal Revenue Service programme designed to foster the withholding of taxes from non-resident aliens earning income in the United States needs improvement, according to an audit report released by the Treasury Inspector General for Tax Administration.
	IRS Clarifies Foreign Government Tax Exemptions 11/7/2011 The Internal Revenue Service has released a notice of proposed rulemaking that is intended to provide guidance as to when the income of foreign governments and international organizations from investments in the United States will be deemed to be exempt from taxation under section 892 of the Internal Revenue Code.
	IRS 2011 Filing Season Performance Praised 11/3/2011 The United States Internal Revenue Service timely processed the majority of individual tax returns during the 2011 filing season, according to a report on its performance from the Treasury Inspector General for Tax Administration.
	IRS Praised For Pilot Mailing Project 10/28/2011 The United States Internal Revenue Service has adequately planned, implemented, and managed a pilot project to improve taxpayers’ compliance by mailing them informational materials when there is an income discrepancy in their tax return, according to a report released by the Treasury Inspector General for Tax Administration.
	IRS Praised For Health Law Implementation 10/26/2011 The United States Internal Revenue Service has successfully developed a plan to implement the new tax provisions included in the Affordable Care Act, according to a report released by the Treasury Inspector General for Tax Administration.
	IRS Begins PTIN Renewals For 2012 Filing Season 10/25/2011 The Internal Revenue Service has announced that the 738,000 tax return preparers in the United States who have Preparer Tax Identification Numbers can now renew them for the 2012 filing season.
	US Education Tax Credits Overclaimed 10/21/2011 According to a new report from the United States Treasury Inspector General for Tax Administration, an estimated 2.1m taxpayers may have received USD3.2bn in erroneous education tax credits.
	IRS Has Problems With First-Time Homebuyer Credit Repayments 10/18/2011 The United States Internal Revenue Service is having difficulty determining which taxpayers have to repay the First-Time Homebuyer Credit, according to a report by the Treasury Inspector General for Tax Administration.
	Benefits Remain Available To US Taxpayers 10/14/2011 The United States Internal Revenue Service has urged taxpayers, whose tax-filing extensions run out soon, to double check their returns for expanded individual and business tax benefits.
	IRS Tightens Tax Credit Compliance Checks 10/7/2011 The United States Internal Revenue Service has announced that it is issuing proposed regulations that would require paid tax return preparers, beginning in 2012, to file a due diligence checklist with any federal return claiming the Earned Income Tax Credit.
	IRS Reminds Estates Of New Tax Break 10/5/2011 The United States Internal Revenue Service has reminded estates of married individuals dying after 2010 that they must file an estate tax return, before October 31, to pass along their unused estate and gift tax exclusion amount to their surviving spouse.
	IRS Urged To Expand Time Span Of Its Audits 10/4/2011 Additional steps are needed to ensure that the United States Internal Revenue Service expands its audits to include returns from prior or subsequent years when taxpayers being audited may owe substantial taxes, according to a report issued by the Treasury Inspector General for Tax Administration.
	IRS Instalment Agreements Processing Criticised 9/30/2011 The procedures of the United States Internal Revenue Service for processing streamlined instalment agreements have allowed for the inconsistent processing and treatment of taxpayers, according to a report released by the Treasury Inspector General for Tax Administration.
	IRS Called On To Suspend Reporting Rule 9/29/2011 The Chairman of the House of Representatives Ways and Means Subcommittee on Oversight, Charles Boustany, has called on the United States Treasury Secretary, Timothy Geithner, to suspend the proposed Internal Revenue Service regulation that would require banks to disclose interest paid to non-resident aliens.
	IRS Praised For Tax Oversight Of Health Care Law 9/28/2011 The division of the United States Internal Revenue Service responsible for tax oversight of tax-exempt organizations has made effective plans for the implementation of the new health care law, according to a report from the Treasury Inspector General for Tax Administration.
	IRS Announces Payroll Tax Settlement Programme 9/26/2011 The United States Internal Revenue Service has launched a new programme that will enable many employers to resolve past employee classification issues and achieve certainty under the tax law at a low cost by voluntarily reclassifying their workers.
	Preliminary Results From US 2011 Offshore Disclosure Initiative 9/19/2011 The United States Internal Revenue Service has disclosed that the recently-completed offshore voluntary offshore initiative has pushed the total number of voluntary disclosures up to 30,000 since 2009.
	IRS Issues Guidance On Tax Treatment Of Mobile Phones 9/16/2011 The United States Internal Revenue Service has issued guidance designed to clarify the tax treatment of employer-provided mobile phones as an excludable fringe benefit.
	IRS Offers Filing and Penalty Relief for 2010 Estates 9/15/2011 The United States Internal Revenue Service has announced that large estates of people who died in 2010 will have until early next year to file various required returns and pay any estate taxes due, and that it is providing penalty relief to certain beneficiaries of these estates on their 2010 federal income tax returns.
	IRS Pushes Small Business Health Care Tax Credit 9/9/2011 United States Internal Revenue Service Commissioner Doug Shulman has announced a new round of outreach to small employers, and the professional service providers they rely on, to encourage them to review the new Small Business Health Care Tax Credit to see if they are eligible.
	IRS Issues Tax Return Preparer Test Details 9/8/2011 The United States Internal Revenue Service has released the specifications of the competency test that individuals must pass to become a Registered Tax Return Preparer.
	IRS Provides Tax Relief To Hurricane Victims 9/5/2011 The United States Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by Hurricane Irene.
	IRS Surpasses Criminal Investigation Targets 9/1/2011 The United States Internal Revenue Service’s Criminal Investigation division was found to have surpassed its goals for the 2010 fiscal year, according to a report released by the Treasury Inspector General for Tax Administration.
	Hurricane Causes IRS To Extend Offshore Disclosure Deadline 8/31/2011 After reminding United States taxpayers earlier this month of its impending deadline, the possible impact of Hurricane Irene has forced the Internal Revenue Service to give United States taxpayers a further period of time to participate in the 2011 Offshore Voluntary Disclosure Initiative.
	IRS To Continue To Improve Its E-Help Services 8/25/2011 According to an audit report released by the Treasury Inspector General for Tax Administration, customers who contact the e-help desk at the United States Internal Revenue Service are receiving better customer service than they had in the past, but there are still improvements to be made.
	IRS Urged To Improve Card Payment Reporting 8/24/2011 A report by the Treasury Inspector General for Tax Administration has found that, unless the United States Internal Revenue Service improves its plan to implement the merchant card reporting requirements of the Housing and Economic Recovery Act of 2008, additional problems could be created both for it and for taxpayers.
	US Taxpayers May Credit UK Non-Dom Levy 8/23/2011 The Internal Revenue Service has decided that US taxpayers resident in the UK can now offset an the UK non-dom levy against their US tax bill.
	IRS Fixes Date Of Contractors Tax Hearing 8/23/2011 The United States Internal Revenue Service has announced that a hearing will be held on September 12 to consult on the proposed introduction of the 3% contractors' withholding tax, which could come into force on January 1, 2013.
	IRS Challenged By Multitude Of Tax Law Changes 8/22/2011 A review conducted by the Treasury Inspector General for Tax Administration has concluded that changes to the tax laws in the United States have posed a challenge to the Internal Revenue Service, which must maintain a quality workforce and enforce tax laws in an environment of changing tax legislation.
	IRS Urged To Improve Service To Taxpayers 8/15/2011 While the United States Internal Revenue Service provides helpful and accurate tax law assistance, taxpayers experience lengthy wait times to speak with assistors, according to a new report released by the Treasury Inspector General for Tax Administration.
	IRS Falling Down On Timely Taxpayer Responses 8/12/2011 Most taxpayers do not receive timely responses to their written inquiries to the United States Internal Revenue Service, according to a new report from the Treasury Inspector General from Tax Administration.
	IRS Reminds Taxpayers Of Offshore Disclosure Deadline 8/11/2011 The Internal Revenue Service Commissioner Doug Shulman has reminded United States taxpayers with undisclosed offshore accounts that they are running out of time to take advantage of the 2011 Offshore Voluntary Disclosure Initiative.
	IRS Issues Estates Tax Guidance 8/10/2011 The United States Internal Revenue Service has issued guidance for the treatment of certain estates of decedents who died in 2010.
	US Temporary Air Ticket Tax Extension Agreed 8/9/2011 President Barack Obama has signed legislation to extend authority, until September 16 this year, for the United States Internal Revenue Service to collect the airline passenger ticket tax and other aviation-related taxes that had expired at midnight on July 22.
	Bills Introduced To Deny IRS Reporting Rule 8/9/2011 Bills have now been introduced in both the Senate and the House of Representatives seeking to prevent the Internal Revenue Service from introducing a proposed rule on the reporting of interest paid to non-residents by United States banks.
	IRS Urged To Improve Low Income Tax Service 8/5/2011 The United States Taxpayer Advocate Service could take additional action to ensure that the funds it provides to Low Income Taxpayer Clinics are used appropriately, according to a study released by the Treasury Inspector General for Tax Administration.
	IRS Bolsters Transfer Pricing Compliance Programmes 7/29/2011 The United States Internal Revenue Service has announced it is taking additional steps in the continuing efforts to improve the agency’s international operations, particularly with regard to transfer pricing.
	IRS Has Failed To Prevent Improper Tax Credit Claims 7/28/2011 While it has made improvements in its processing of the First-Time Homebuyer Credit, the United States Internal Revenue Service needs to take additional steps to prevent erroneous claims for the credit on amended returns, according to a new report released by the Treasury Inspector General for Tax Administration.
	US Airline Ticket Tax Approval Runs Out 7/27/2011 In what appears to be another example of Democrat and Republican disagreement over federal spending, the United States Congress failed to renew authorization for the airline passenger ticket tax and other aviation-related taxes by midnight on July 22, and several Federal Aviation Administration programmes have thereby expired.
	IRS Removes Two-Year Limit For 'Innocent Spouses' 7/27/2011 The United States Internal Revenue Service has announced that it will extend help to more 'innocent spouses' by eliminating the two-year time limit that now applies to certain relief requests.
	IRS Urged To Improve Voluntary Agreement Process 7/25/2011 The US Internal Revenue Service should improve its management of the agreements which allow federal, state and local government entities to resolve voluntarily any noncompliance with employment and income tax laws, without being penalized, according to the Treasury Department watchdog.
	IRS Criticised Over Lien Notifications 7/21/2011 According to a report released by the Treasury Inspector General for Tax Administration, some United States taxpayers’ rights may have been jeopardized or violated because the Internal Revenue Service failed to prove it timely sent notices of federal tax lien filings.
	US Truckers Given Three-Month Tax Return Extension 7/20/2011 The United States Internal Revenue Service has advised truckers and other owners of heavy highway vehicles that their next federal heavy highway use tax return, usually due on August 31, will instead be due on November 30, 2011.
	IRS Criticized Over Taxpayer Data Disclosures 7/18/2011 The United States Internal Revenue Service does not always promptly and properly notify taxpayers of inadvertent disclosures of their personal information, according to a report released by the Treasury Inspector General for Tax Administration.
	US Corporate E-Filing Pronounced A Success 7/18/2011 A United States federal requirement that the tax returns of large corporations should be filed and processed electronically has resulted in cost savings to the corporations and to the Internal Revenue Service, according to a report published by the Treasury Inspector General for Tax Administration.
	US Issues Plans To Phase In FATCA 7/18/2011 The United States Treasury Department and the Internal Revenue Service have issued a notice announcing plans to phase in the requirements of the Foreign Account Tax Compliance Act.
	Guernsey Removed From Levin's 'Blacklist' 7/18/2011 Guernsey’s engagement with Washington has resulted in Democrat Senator Carl Levin removing the island from his 'blacklist', the Guernsey government has announced.
	Anti-Offshore Bill Reintroduced In US Congress 7/14/2011 Carl Levin, the Democrat Chairman of the United States Senate Permanent Subcommittee on Investigations, has introduced legislation, entitled the Stop Tax Haven Abuse Act, which is aimed against so-called offshore tax loopholes.
	IRS Tax Gap Study Needs Improvement 7/13/2011 A current United States Internal Revenue Service study designed to update estimates of a portion of the tax gap could be improved to yield better data, according to a study released by the Treasury Inspector General for Tax Administration.

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