Per IRS estimates, more than 7.5 million taxpayers do not file a required return each year. This estimate doesn’t include taxpayers who don’t receive information statements, such as small-business owners. Add to that the growing number of taxpayers who still must file returns to continue receiving advance payments of the premium tax credit to [...]
Over the past several years, the IRS has put tax fraud investigations on the back burner. Statistics show a drop in criminal investigations and prosecutions in the past several years: Recent developments at the IRS show that the days of ignoring tax fraud are over. In March, 2020, the IRS declared that prosecuting tax fraud [...]
Since 2015, IRS enforcement of non-filers has been almost non-existent. In past posts, I reported on the IRS suspension of delinquent return inquiries (IRS Letter CP59 and the non-filer enforcement process) and its substitute for return program (a “substitute for return” or “SFR” is a balance due return filed by the IRS when a taxpayer [...]
The IRS is back – and non-filers beware. On February 19, 2020, the IRS announced a new initiative to re-engage in bringing many past non-filers back into the tax system. Recent history of IRS non-filer enforcement In 2018, the IRS identified 10.6 million individual non-filers. However, in the past few years, the IRS has done [...]
For taxpayers and tax professionals who are trying to resolve tax problems/issues, these days are trying times. The IRS is extremely backlogged in processing and resolving most post-filing issues. IRS resources provide little help in understanding what is going on with your case at the IRS. IRS transcripts that are available to taxpayers and their [...]
Filing non-compliant taxpayers and their tax professionals commonly ask this question when filing back returns: how far back do I need to file? If you are a taxpayer who is required to file a tax return but has not filed in a long time, you may want to stop and consider IRS Policy Statement 5-133. [...]
Each year, millions of taxpayers do not file a required tax return. Most Americans believe that the IRS enforces filing. Many Americans also believe that the IRS is actively watching and monitoring taxpayers so that they file annually. As a result, most American taxpayers adhere to the annual April filing date in fear of IRS [...]
IRS statistics are pretty reliable. When it comes to tax problems, it is difficult to pull out what are the most common problems taxpayers face with the IRS. Each year the IRS publishes its Data Book, which gives some insight into taxpayer issues. You have to read other reports about the IRS from various sources [...]
