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New IRS Rule Targets Ticket Resellers and Scalpers

New IRS Rule Targets Ticket Resellers and Scalpers

The 2023 tax returns of those who benefited financially from the resale of sporting event or concert tickets this year may face new scrutiny from the Internal Revenue Service. According to an IRS tax lawyer, the ecommerce-platform tax-reporting threshold was lowered...
New Hiring Initiative by IRS Aimed at Finding Rich Tax Cheats

New Hiring Initiative by IRS Aimed at Finding Rich Tax Cheats

Last week, an announcement was made by the Internal Revenue Service about plans to fill over 3,700 jobs throughout the United States so as to expand fairness to the tax system. These positions will be available in more than 250 locations. A spokesperson for the IRS...
What to Expect from the IRS Paperless Processing Initiative

What to Expect from the IRS Paperless Processing Initiative

Virtually any San Jose tax lawyer knows the Internal Revenue Service has announced plans to provide digital correspondence for next year’s tax season. Over the last decade, the IRS has been attempting to improve their overall service, and this most recent goal of...