Posts Tagged ‘Shulman’
Watchdog Says IRS Must Cement Real-Time Tax Plan
The Government Accountability Office (GAO) has called on the IRS to begin putting together time frames and risk management for the implementation of real-time tax reform. In a report issued this month, the GAO assessed how the IRS is implementing former Commissioner Doug Shulman’s vision of a
New acting commissioner appointed for the IRS
Danny Werfel, controller of the White House budget office, has been appointed acting commissioner of the IRS by President Barack Obama. Werfel is taking over for Steven Miller, who was forced to resign after evidence came to light showing that the government agency may have been targeting the Tea
The Legacy of IRS Commissioner Doug Shulman
For decades the Internal Revenue Service has spoken of its modernization vision, but after years of failure and billions of wasted dollars, it seemed the vision would never come to life. The agency was at a standstill, unable to move forward on this key initiative it had invested so much time and
Billions in Undetected Tax Fraud Signals a Need for Real-Time
Identity theft-related tax fraud has been a growing problem for the IRS in recent years, and a report released yesterday suggests it may be even worse than we thought. The Treasury Inspector General for Tax Administration, a group that oversees the Internal Revenue Service, uncovered some
Shulman’s Real-Time Tax Vision Coming to Life
The end of April is one of the best times of the year for tax professionals. All of those late nights of getting your company’s tax forms in order are finally over and you are ready to forget about all the stresses of the season until next year. But, unfortunately you can’t wipe your mind of
Real-Time, “B” Notices and New York, Oh My
The world around us is always changing. Imagine New York City in 1776 with a population of just 22,000 people. Today the Big Apple holds around 8,244,910 residents and is one of only 21 designated megacities around the global. And just as New York City has evolved into an epicenter of activity in
Complimentary Tax Information Reporting Event: Convey’s New York Summit
Feel like you just made it through tax season? Here at Convey we already have next tax season on our mind, and we want to share our insights with you! Next month, we are hosting a regulatory, educational event where subject matter experts will break down complex new reporting requirements,
Tax Delays This Season…And Next?
With an IRS programming error early this tax season, many taxpayers’ refunds were delayed. In a report released by the Government Accountability Office, the IRS was said to have delayed 6 million returns from January 17 to January 26 due to an error in their programming. Just this year, the
