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