Tag Archives: Internal Revenue Service

What Large Corporations Pay in Income Tax (podcast)

The corporate federal income tax rate tops out at 35 percent. But what do corporations actually pay? We recently reviewed federal corporate income tax, and how much of it U.S. corporations paid. Listen to Jessica Lucas-Judy, a director in our … Continue reading

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Weaknesses in IRS Information Security (podcast)

To do its job, the IRS has to collect and keep a variety of sensitive information about taxpayers. But how does it make sure this information is secure? Listen to Greg Wilshusen, a director in our Information Technology team, discuss … Continue reading

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Keeping IRS Audits Fair

April 18th is the deadline for filing taxes. But after the crunch—and perhaps a collective sigh of relief from taxpayers—the IRS’s work continues. That includes identifying a small percentage of returns to examine more carefully. These audits help ensure a … Continue reading

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Preventing Potentially Billions of Dollars in ID Theft Tax Refund Fraud

Two things cause stress for just about everybody: taxes and identity theft. And when those two things come together, the result can be a nightmare. For Tax Identity Theft Awareness Week, today’s WatchBlog focuses on how the IRS can combat … Continue reading

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Deteriorating IRS Customer Service (podcast and infographic)

If you have a question about your taxes, you can call the IRS. But you may have to wait awhile to get the help you need. Listen to Jay McTigue, a director in our Strategic Issues team, discuss what his … Continue reading

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Checking Up on Charities in This Season of Giving

Holiday giving can take many forms, including charitable donations. Charities provide critical services to people in need and, in return, those organizations don’t pay taxes—as long as they follow certain rules. With the holiday season upon us, today’s WatchBlog focuses … Continue reading

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Blowing the Whistle on Underpaid Taxes (infographic)

Since 2011, whistleblowers have helped the IRS collect almost $2 billion in taxes that may have otherwise gone uncollected. This money helps reduce the estimated $450 billion tax gap—the difference between taxes owed and those paid on time. Moreover, qualifying … Continue reading

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Effects of IRS Challenges on Taxpayers

For most people, today is the last day to file your taxes. IRS has faced many challenges this filing season, including finding better ways to help taxpayers, combating identity theft refund fraud, and navigating new health insurance tax reporting requirements—while … Continue reading

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Identity Theft Tax Refund Fraud

Back in January, for Tax Identity Theft Awareness Week, we identified the two major types of tax-related identity fraud: refund fraud, and employment fraud. Earlier this week, we released a new report on identity theft tax refund fraud. In the … Continue reading

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AskGAOLive: IRS Securing Financial and Taxpayer Data

What happens to all the personal data you send to IRS with your tax return? Join us for a chat about IRS controls to secure your data from threats, today at 2:00pm ET. You can send us your questions in … Continue reading

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