WASHINGTON (AP) — A former congressman who sponsored legislation to abolish the IRS and is now the nominee to lead that agency faced pointed questions from senators Tuesday about his past promotion of questionable tax credits, his lack of background in tax administration and the political contributions he received after being picked to lead the […]

NEW YORK (AP) — There’s a lot of information (and money) on the table during tax season. That also makes it a prime time for scams. Year-round, fraudsters may use a handful of common tactics to try to steal your identity, money or other sensitive information. As you prepare your annual tax return, due April […]

WASHINGTON (AP) — Two IRS whistleblowers who testified publicly about investigations into Hunter Biden’s taxes have been promoted to new roles as senior advisers at the Treasury Department. Gary Shapley and Joseph Ziegler, two IRS employees who testified to Congress as Republicans reviewed the business dealings of Joe Biden’s son, say they were retaliated against […]

WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation’s tax collector received a massive glut of funding through Democrats’ flagship tax, climate and health law in 2022. The announcement comes under the backdrop of a promised […]

WASHINGTON (AP) — The IRS is expanding its program that allows people to file their taxes directly with the agency for free. The federal tax collector’s Direct File program, which allows taxpayers to calculate and submit their returns to the government directly without using commercial tax preparation software, will be open to more than 30 […]

BC FIPA has weighed in on the side of privacy in the debate over the implementation of the American Foreign Account Tax Compliance Act (FATCA) in this country. In our submission to a consultation by the federal Ministry of Finance on the deal signed last month between Canada and the US, we highlighted the damage […]

Internal e mails FIPA received through freedom of information show that bureaucrats at the BC regulator of financial institutions (FICOM) have privacy concerns regarding the implementation of the US Foreign Account Tax Compliance Act (FATCA) in Canada. Download document